Database Update Required Error

I just did the automatic update. When I go to the Admin I get the normal Database Update Required. When I click on the Update I get this error message, “WordPress 3.2.1 requires MySQL 5.0 or higher”

My blog is on a Media Temple Gridserver running PHP version 5.2.4 and MySQL client version 5.0.32

Have searched the Forum for possible fixes, but no joy. Any direction would be much appreciated.

Regards