Failed to access IIS metabase

Faced an error when trying to install a web application on a PC running Win XP:

Source Error:

An unhandled exception was generated during the execution of the current web request. Information regarding the origin and location of the exception can be identified using the exception stack trace below.

Stack Trace:

[HostingEnvironmentException: Failed to access IIS metabase.]
System.Web.Configuration.MetabaseServerConfig.MapPathCaching(String siteID, VirtualPath path) +3591442
System.Web.Configuration.MetabaseServerConfig.System.Web.Configuration.IConfigMapPath2.MapPath(String siteID, VirtualPath vpath) +9
System.Web.Hosting.HostingEnvironment.MapPathActual(VirtualPath virtualPath, Boolean permitNull) +169
System.Web.CachedPathData.GetConfigPathData(String configPath) +389
System.Web.CachedPathData.GetConfigPathData(String configPath) +243
System.Web.CachedPathData.GetApplicationPathData() +68
System.Web.CachedPathData.GetVirtualPathData(VirtualPath virtualPath, Boolean permitPathsOutsideApp) +3536567
System.Web.Configuration.RuntimeConfig.GetLKGRuntimeConfig(VirtualPath path) +189

To solve it, I ran the command below:

C:\WINDOWS\Microsoft.NET\Framework\v2.0.50727>aspnet_regiis -i

And the problem fixed!