Repro:
<telerik:RadStyleSheetManager runat="server"></telerik:RadStyleSheetManager>
<asp:UpdatePanel runat="server">
<ContentTemplate>
<asp:Button Text="Postback" OnClick="Unnamed_Click" runat="server" />
<telerik:RadButton runat="server" Visible="false" ID="RadButton1" Text="Telerik button" AutoPostBack="true" />
</ContentTemplate>
</asp:UpdatePanel>
protected void Unnamed_Click(object sender, EventArgs e)
{
RadButton1.Visible = true;
}
<add key="Telerik.ScriptManager.EnableHandlerEncryption" value="true" />
Workaround:
Temporarily set EnableHandlerEncryption to false or do not use a StyleSheetManager
<add key="Telerik.ScriptManager.EnableHandlerEncryption" value="false" />