I'm getting what might be a similar problem on Gutsy Ubuntu. It's not
quite the same because NetworkManager connects fine to the wired network
on eth0 normally when I reboot.

BUT if I change eth0 to be manually configured and then change it back
to 'roaming' mode, NetworkManager fails to get a DHCP-allocated address
for eth0. This is also the case if I change it to be manually
configured, reboot, and then change it back to roaming mode.

I can, however, manually get an address with sudo dhclient eth0 (see in
the log below at 09:13:01).

I also have vmware installed and two virtual networks.

My current ifconfig is (there's also a wireless eth1, which I disabled):

eth0      Link encap:Ethernet  HWaddr 00:0D:56:3C:1F:6D  
          inet addr:10.2.1.227  Bcast:10.2.1.255  Mask:255.255.255.0
          UP BROADCAST RUNNING MULTICAST  MTU:1500  Metric:1
          RX packets:4630 errors:0 dropped:0 overruns:0 frame:0
          TX packets:3164 errors:0 dropped:0 overruns:0 carrier:0
          collisions:0 txqueuelen:1000 
          RX bytes:1803229 (1.7 MB)  TX bytes:625778 (611.1 KB)
          Interrupt:11 

lo        Link encap:Local Loopback  
          inet addr:127.0.0.1  Mask:255.0.0.0
          UP LOOPBACK RUNNING  MTU:16436  Metric:1
          RX packets:1074 errors:0 dropped:0 overruns:0 frame:0
          TX packets:1074 errors:0 dropped:0 overruns:0 carrier:0
          collisions:0 txqueuelen:0 
          RX bytes:33423 (32.6 KB)  TX bytes:33423 (32.6 KB)

vmnet1    Link encap:Ethernet  HWaddr 00:50:56:C0:00:01  
          inet addr:192.168.156.1  Bcast:192.168.156.255  Mask:255.255.255.0
          UP BROADCAST RUNNING MULTICAST  MTU:1500  Metric:1
          RX packets:0 errors:0 dropped:0 overruns:0 frame:0
          TX packets:63 errors:0 dropped:0 overruns:0 carrier:0
          collisions:0 txqueuelen:1000 
          RX bytes:0 (0.0 b)  TX bytes:0 (0.0 b)

vmnet8    Link encap:Ethernet  HWaddr 00:50:56:C0:00:08  
          inet addr:172.16.208.1  Bcast:172.16.208.255  Mask:255.255.255.0
          UP BROADCAST RUNNING MULTICAST  MTU:1500  Metric:1
          RX packets:0 errors:0 dropped:0 overruns:0 frame:0
          TX packets:64 errors:0 dropped:0 overruns:0 carrier:0
          collisions:0 txqueuelen:1000 
          RX bytes:0 (0.0 b)  TX bytes:0 (0.0 b)


and daemon.log shows NetworkManager trying without success to get an address, 
followed by dhclient successfully getting one:

Oct 17 09:12:06 pegasus NetworkManager: <info>  Will activate wired connection 
'eth0' because it now has a link. 
Oct 17 09:12:06 pegasus NetworkManager: <info>  SWITCH: no current connection, 
found better connection 'eth0'. 
Oct 17 09:12:06 pegasus NetworkManager: <info>  Will activate connection 
'eth0'. 
Oct 17 09:12:06 pegasus NetworkManager: <info>  Device eth0 activation 
scheduled... 
Oct 17 09:12:06 pegasus NetworkManager: <info>  Activation (eth0) started... 
Oct 17 09:12:06 pegasus NetworkManager: <info>  Activation (eth0) Stage 1 of 5 
(Device Prepare) scheduled... 
Oct 17 09:12:06 pegasus NetworkManager: <info>  Activation (eth0) Stage 1 of 5 
(Device Prepare) started... 
Oct 17 09:12:06 pegasus NetworkManager: <info>  Activation (eth0) Stage 2 of 5 
(Device Configure) scheduled... 
Oct 17 09:12:06 pegasus NetworkManager: <info>  Activation (eth0) Stage 1 of 5 
(Device Prepare) complete. 
Oct 17 09:12:06 pegasus NetworkManager: <info>  Activation (eth0) Stage 2 of 5 
(Device Configure) starting... 
Oct 17 09:12:06 pegasus NetworkManager: <info>  Activation (eth0) Stage 2 of 5 
(Device Configure) successful. 
Oct 17 09:12:06 pegasus NetworkManager: <info>  Activation (eth0) Stage 3 of 5 
(IP Configure Start) scheduled. 
Oct 17 09:12:06 pegasus NetworkManager: <info>  Activation (eth0) Stage 2 of 5 
(Device Configure) complete. 
Oct 17 09:12:06 pegasus NetworkManager: <info>  Activation (eth0) Stage 3 of 5 
(IP Configure Start) started... 
Oct 17 09:12:07 pegasus NetworkManager: <info>  Activation (eth0) Beginning 
DHCP transaction. 
Oct 17 09:12:07 pegasus dhclient: There is already a pid file 
/var/run/dhclient.eth0.pid with pid 134519120
Oct 17 09:12:07 pegasus NetworkManager: <info>  Activation (eth0) Stage 3 of 5 
(IP Configure Start) complete. 
Oct 17 09:12:07 pegasus NetworkManager: <info>  DHCP daemon state is now 12 
(successfully started) for interface eth0 
Oct 17 09:12:08 pegasus NetworkManager: <info>  DHCP daemon state is now 1 
(starting) for interface eth0 
Oct 17 09:12:11 pegasus dhclient: DHCPDISCOVER on eth0 to 255.255.255.255 port 
67 interval 7
Oct 17 09:12:12 pegasus NetworkManager: <info>  Old device 'eth0' activating, 
won't change. 
Oct 17 09:12:18 pegasus dhclient: DHCPDISCOVER on eth0 to 255.255.255.255 port 
67 interval 13
Oct 17 09:12:18 pegasus NetworkManager: <info>  Old device 'eth0' activating, 
won't change. 
Oct 17 09:12:28 pegasus last message repeated 2 times
Oct 17 09:12:31 pegasus dhclient: DHCPDISCOVER on eth0 to 255.255.255.255 port 
67 interval 11
Oct 17 09:12:34 pegasus NetworkManager: <info>  Old device 'eth0' activating, 
won't change. 
Oct 17 09:12:39 pegasus NetworkManager: <info>  Old device 'eth0' activating, 
won't change. 
Oct 17 09:12:42 pegasus dhclient: No DHCPOFFERS received.
Oct 17 09:12:42 pegasus avahi-autoipd(eth0)[6169]: Found user 'avahi-autoipd' 
(UID 105) and group 'avahi-autoipd' (GID 113).
Oct 17 09:12:42 pegasus avahi-autoipd(eth0)[6169]: Successfully called chroot().
Oct 17 09:12:42 pegasus avahi-autoipd(eth0)[6169]: Successfully dropped root 
privileges.
Oct 17 09:12:42 pegasus avahi-autoipd(eth0)[6169]: Starting with address 
169.254.4.11
Oct 17 09:12:45 pegasus NetworkManager: <info>  Old device 'eth0' activating, 
won't change. 
Oct 17 09:12:46 pegasus avahi-autoipd(eth0)[6169]: Callout BIND, address 
169.254.4.11 on interface eth0
Oct 17 09:12:46 pegasus avahi-daemon[5125]: Joining mDNS multicast group on 
interface eth0.IPv4 with address 169.254.4.11.
Oct 17 09:12:46 pegasus avahi-daemon[5125]: New relevant interface eth0.IPv4 
for mDNS.
Oct 17 09:12:46 pegasus avahi-daemon[5125]: Registering new address record for 
169.254.4.11 on eth0.IPv4.
Oct 17 09:12:49 pegasus NetworkManager: <info>  User request to disable 
wireless. 
Oct 17 09:12:49 pegasus NetworkManager: <info>  Deactivating device eth1. 
Oct 17 09:12:49 pegasus NetworkManager: <info>  Old device 'eth0' activating, 
won't change. 
Oct 17 09:12:50 pegasus avahi-autoipd(eth0)[6169]: Successfully claimed IP 
address 169.254.4.11
Oct 17 09:12:50 pegasus NetworkManager: <info>  DHCP daemon state is now 9 
(fail) for interface eth0 
Oct 17 09:12:50 pegasus NetworkManager: <info>  Activation (eth0) Stage 4 of 5 
(IP Configure Timeout) scheduled... 
Oct 17 09:12:50 pegasus NetworkManager: <info>  Activation (eth0) Stage 4 of 5 
(IP Configure Timeout) started... 
Oct 17 09:12:50 pegasus NetworkManager: <info>  No DHCP reply received.  
Automatically obtaining IP via Zeroconf. 
Oct 17 09:12:50 pegasus NetworkManager: <info>  avahi-autoipd running on eth0, 
assuming IPv4LL address 
Oct 17 09:12:50 pegasus NetworkManager: <info>  Activation (eth0) Stage 5 of 5 
(IP Configure Commit) scheduled... 
Oct 17 09:12:50 pegasus NetworkManager: <info>  Activation (eth0) Stage 4 of 5 
(IP Configure Timeout) complete. 
Oct 17 09:12:50 pegasus NetworkManager: <info>  Activation (eth0) Stage 5 of 5 
(IP Configure Commit) started... 
Oct 17 09:12:50 pegasus NetworkManager: <info>  not touching eth0 
configuration, was configured externally 
Oct 17 09:12:50 pegasus NetworkManager: <info>  Activation (eth0) Finish 
handler scheduled. 
Oct 17 09:12:50 pegasus NetworkManager: <info>  Activation (eth0) Stage 5 of 5 
(IP Configure Commit) complete. 
Oct 17 09:12:50 pegasus NetworkManager: <info>  Activation (eth0) successful, 
device activated. 
Oct 17 09:12:50 pegasus NetworkManager: <info>  DHCP daemon state is now 14 
(normal exit) for interface eth0 
Oct 17 09:13:01 pegasus dhclient: Internet Systems Consortium DHCP Client V3.0.5
Oct 17 09:13:01 pegasus dhclient: Copyright 2004-2006 Internet Systems 
Consortium.
Oct 17 09:13:01 pegasus dhclient: All rights reserved.
Oct 17 09:13:01 pegasus dhclient: For info, please visit 
http://www.isc.org/sw/dhcp/
Oct 17 09:13:01 pegasus dhclient: 
Oct 17 09:13:01 pegasus avahi-autoipd(eth0)[6169]: Got SIGTERM, quitting.
Oct 17 09:13:01 pegasus avahi-autoipd(eth0)[6169]: Callout STOP, address 
169.254.4.11 on interface eth0
Oct 17 09:13:01 pegasus avahi-daemon[5125]: Withdrawing address record for 
169.254.4.11 on eth0.
Oct 17 09:13:01 pegasus avahi-daemon[5125]: Leaving mDNS multicast group on 
interface eth0.IPv4 with address 169.254.4.11.
Oct 17 09:13:01 pegasus avahi-daemon[5125]: Interface eth0.IPv4 no longer 
relevant for mDNS.
Oct 17 09:13:01 pegasus avahi-autoipd(eth0)[6170]: client: RTNETLINK answers: 
No such process
Oct 17 09:13:02 pegasus dhclient: Listening on LPF/eth0/00:0d:56:3c:1f:6d
Oct 17 09:13:02 pegasus dhclient: Sending on   LPF/eth0/00:0d:56:3c:1f:6d
Oct 17 09:13:02 pegasus dhclient: Sending on   Socket/fallback
Oct 17 09:13:04 pegasus dhclient: DHCPDISCOVER on eth0 to 255.255.255.255 port 
67 interval 7
Oct 17 09:13:05 pegasus dhclient: DHCPOFFER from 10.2.1.254
Oct 17 09:13:05 pegasus dhclient: DHCPREQUEST on eth0 to 255.255.255.255 port 67
Oct 17 09:13:05 pegasus dhclient: DHCPACK from 10.2.1.254
Oct 17 09:13:05 pegasus avahi-daemon[5125]: Joining mDNS multicast group on 
interface eth0.IPv4 with address 10.2.1.227.
Oct 17 09:13:05 pegasus avahi-daemon[5125]: New relevant interface eth0.IPv4 
for mDNS.
Oct 17 09:13:05 pegasus avahi-daemon[5125]: Registering new address record for 
10.2.1.227 on eth0.IPv4.
Oct 17 09:13:05 pegasus avahi-daemon[5125]: Withdrawing address record for 
10.2.1.227 on eth0.
Oct 17 09:13:05 pegasus avahi-daemon[5125]: Leaving mDNS multicast group on 
interface eth0.IPv4 with address 10.2.1.227.
Oct 17 09:13:05 pegasus avahi-daemon[5125]: Interface eth0.IPv4 no longer 
relevant for mDNS.
Oct 17 09:13:05 pegasus avahi-daemon[5125]: Joining mDNS multicast group on 
interface eth0.IPv4 with address 10.2.1.227.
Oct 17 09:13:05 pegasus avahi-daemon[5125]: New relevant interface eth0.IPv4 
for mDNS.
Oct 17 09:13:05 pegasus avahi-daemon[5125]: Registering new address record for 
10.2.1.227 on eth0.IPv4.
Oct 17 09:13:05 pegasus dhclient: bound to 10.2.1.227 -- renewal in 1606 
seconds.

-- 
NetworkManager on Gutsy: No DHCPOFFERS - but dhclient working standalone
https://bugs.launchpad.net/bugs/153219
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