Unable to complete the Operation On Application Access is Denied

I am using Windows 2003 SP3 R2 x64 SP2 Server and i am trying to access the Application Log in the event viewer and i am getting the following message Unable to complete the Operation On Application Access is Denied i am also getting the same error accessing the other logs such as System, Directory Service, DNS Server, Internet Explorer, File Replication Server etc.

Can some one help me to resolve this issue
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B HCommented:
are you logged in as an administrator?
B HCommented:
it appears that you have added "domain users" to the "guests" group of the local server.

please see here, and remove the unwanted groups from the "guests" group:

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Windows Server 2003

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