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When you need to know the exact version of MicroStation you are using (in the 08.xx.xx.xxx format), please follow the steps here below.
Windows Explorer will open and "ustation.exe" will be highlighted. Right click on "ustation.exe" and select Properties. In the Properties dialog, select the "Details" tab, there you can see the Product Version and release number (i.e. 08.11.09.459).