From Steve Jones
http://forum.corel.com/EN/viewtopic.php?t=37038

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Please note that this is not yet an official release, it was sent to me for testing but did cure the EXIF issue. It should be released in the next Patch.
I suggest that anyone who wants to use this fix firstly makes a back up of the existing file

C:\Program Files\Corel\Corel PaintShop Photo Pro\X3\PSPClassic\CoreImageFormats.dll
and then you can download and replace it with the one from my skydrive online storage account.

http://cid-7b0b9c5b899c50fa.skydrive...ic/exiffix.zip

Usual warning about you do this at your own peril etc. but like I said, I tested it and it works.
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Regards, Steve Jones, Web Board Administrator