Sounds like bug #578060:
http://www.mail-archive.com/debian-b...msg772859.html
Maybe your best bet is to:
a) de-install your current (binary) copy of net-snmp
b) download source for net-snmp 5.2.1 (which the bug report says *doesn't* exhibit the problem)
c) then build and install from source
'Hope that helps .. PSM
PS:
Alternatively, you might want to uninstall, then UPGRADE to the CURRENT release: 5.5
Either way - you can find source - and binaries - here:
http://www.net-snmp.org/download.html