Templates or Presentations show an error while opening in PowerPoint 2002 or 2003
Do your presentations or templates show an error while opening recently using PowerPoint 2002 and 2003? Do you see blank boxes where your text or picture placeholders used to be?
It looks like Microsoft pushed through some updates without testing them extensively -- any presentation or template that includes a picture background now shows this error -- what you need to do is remove this update, or apply a hotfix. More info at:
PowerPoint 2002: Remove and Disable Update 2464617