RHEL got an update for ltrace that can run 32bit binaries under a 64bit OS: https://rhn.redhat.com/errata/RHEA-2005-272.html It would be nice to have 0.3.36 under FC3 as well.
Fedora Core 3 is now maintained by the Fedora Legacy project for security updates only. If this problem is a security issue, please reopen and reassign to the Fedora Legacy product. If it is not a security issue and hasn't been resolved in the current FC5 updates or in the FC6 test release, reopen and change the version to match. Thank you!
Since FC3 has reached the EOL phase, it's probably a good idea to close this bug, too. FC4+ fix it.