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Error when opening http://companyweb

Last Modified: 2012-06-22

When opening companyweb, I get the following error (I've turned on the remoteonly option in web.config to show more info)

Server Error in '/' Application.

Configuration Error
Description: An error occurred during the processing of a configuration file required to service this request. Please review the specific error details below and modify your configuration file appropriately.

Parser Error Message: Unrecognized attribute 'processRequestInApplicationTrust'.

Source Error:

Line 70:       </namespaces>
Line 71:     </pages>
Line 72:     <trust level="WSS_Minimal" originUrl="" processRequestInApplicationTrust="false" />
Line 73:     <machineKey validationKey="D485A6A89F94951A22972A8A115ACFCAEE12B2E4C110D4C9" decryptionKey="AEF04E75308EB1A75AFAE769572AB245EA1E60DE0F553B17" validation="SHA1" />
Line 74:   </system.web>

Source File: c:\inetpub\companyweb\web.config    Line: 72

Version Information: Microsoft .NET Framework Version:1.1.4322.2407; ASP.NET Version:1.1.4322.2407

Things I've done, I've made sure its running 1.1 .net, I've followed instructions microsoft about re-registering .net on the command line etc. OWA, Remote, OMA all work fine. Just this. The sharepoint services are running, all sp's and hotfixes were applied in the correct order.

Any ideas, I've hunted a lot for a solution, but all solutions have never so far helped.

Thanks in advance

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