Missing libraries on Ubuntu latest release

On my attempt to install on Ubuntu latest stable, I get this error:
"Dependency not satisfiable: libavcodec53 (>=4:07-1)|libavcodec-extra-53 (>=4:07-1)

I tried to manually install these using APT-get and only libavcodec 54 and extras 54 can be installed (53 is not available), and these are not accepted for installation.

Any ideas to fix? Thanks.

Are you installing a version of Panda that is marked for your version of Ubuntu?