FilmImpact - Transition Pack 2 For Adobe Premiere.zip
I was having this issue and it was driving me nuts! I did however install the transition pack from Adobe Exchange and it worked fine until the latest update of premiere, it looks like Film Impact also updated their free transition pack..Uninstalling from exchange did not work, same issue. So what I did was I went to this folder in my C drive:C:\Program Files\Adobe\Common\Plug-ins\7.0\MediaCore
FilmImpact - Transition Pack 2 For Adobe Premiere.zip