1. If you have multiple versions of Adobe Photoshop Elements installed on a PC, the installation program may find a different version of Photoshop Elements than you like to install for or may not find any Photoshop Elements even if it is surely installed.
In these cases, you need to specify the plug-in folder of your Photoshop Elements manually. Click OK on those message windows and proceed to Select Destination Directory dialog box.
2. Click Browse.

3. Here, you need to specify the plug-in folder of your Photoshop Elements. The plug-in folder of Photoshop Elements varies depending on the version. If you have installed your Photoshop Elements by default, the plug-in folder would be as shown below.
Once you specify the folder, the installation program automatically create a subfolder named "vp5eTrial". So, if you specify the plug-in folder of Photoshop Elements 3.0, Virtual Painter 5 Trial Plug-In version will be installed into
C:\Program Files\Adobe\Photoshop Elements 3.0\Plug-Ins\\vp5eTrial\.
Click OK and continue installation with the instruction here.

Photoshop Elements
C:\Program Files\Adobe\Photoshop Elements\Plug-Ins\
Photoshop Elements 2.0
C:\Program Files\Adobe\Photoshop Elements 2\Plug-Ins\
Photoshop Elements 3.0
C:\Program Files\Adobe\Photoshop Elements 3.0\Plug-Ins\
Photoshop Elements 4.0
C:\Program Files\Adobe\Photoshop Elements 4.0\Plug-Ins\