After installing Qt5.0.2 with vs2012 add-in on Win7-64.

Problem:
There are no Qt versions showing up within the Qt Versions Tab in vs2012.


So I attempt to Add a version:
in vs2012 -> Qt5 pull down menu -> Qt Options -> Add button -> navigate to Qt\...\...\bin\qmake.exe

But the Ok button grey's out and then the path text turns red with the message:
" Qt\...\...\bin\qmake.exe could not be found. "

Yet qmake.exe is there.

I have searched the forum and was unable to find a solution this problem.
Any recommendations???

Side Note: Creator will compile a project just fine using msvc2012 C++. Just the vs2012 add-in has this problem.