Fable sound issues

Hey everyone! I've run into quite annoying problem with Windows 7 and FABLE: The Lost Chapters. When I start the game, I hear all sounds fine (In all the intros/videos), however as soon I come to profile select and onwards, all sound vanish. No sound in game no matter what.

I've checked that sound works on windows, and in other games. Using Nvidia GTX 260 card, with Asus motherboard, no sound card, windows 7 64bit.

Any ideas what may solve this?