Install VirtualBox 4.2.4 in Ubuntu 12.04 or 12.10
How to add VirtualBox 4.2.4 to your Ubuntu computer
Here's how you can install VirtualBox 4.2.4 in Ubuntu 12.04 or 12.10.
1. Open a terminal window.
2. Type in the following commands then hit Enter after each.
echo "deb http://download.virtualbox.org/virtualbox/debian $(lsb_release -sc) contrib" | sudo tee /etc/apt/sources.list.d/virtualbox.list
wget -q http://download.virtualbox.org/virtualbox/debian/oracle_vbox.asc -O- | sudo apt-key add -
sudo apt-get update
sudo apt-get install dkms virtualbox-4.2
3. Here's a list of changes in this release:
· GUI: fixed validation warning on global settings / proxy page (4.2.2 regression)
· GUI: fixed crash with multiple guest screens on certain conditions (OS X hosts only)
· VBoxBalloonCtrl: fixed command line argument handling of ballooning module
· VRDP: fixed occasional crash during a video playback in the guest
· BIOS: fixed broken DMI information (4.2 regression)
· BIOS: workaround for booting from Windows 2000 floppy disks
· EFI: fixed video mode selection loss on VM reboot
· Parallel: fixed parallel port printing failure/ paper queue empty error (Windows hosts only)
· NAT: fixed crash on alias-less DNS responses when host-resolver is used
· Storage: fixed hang under rare circumstances
For more, see the original article at the link below.

VirtualBox 4.2.4 Released, PPA Installation Available | Up Ubuntu