Warning message in event log for ASP.NET: The request has been aborted

We were getting following warning message in event log
Event code: 3001
Event message: The request has been aborted.
Event time: 3/5/2010 11:49:45 PM
Event time (UTC): 3/5/2010 6:19:45 PM
Event ID: b77a7fa86dda49eead52978a8d655d6e
Event sequence: 33152
Event occurrence: 1
Event detail code: 0

Application information:
    Application domain: /LM/W3SVC/3/ROOT-1-129122820495000000
    Trust level: Full
    Application Virtual Path: / Application Path: D:\Program Files\Microsoft Dynamics CRM\CRMWeb\

    Machine name: <MachineName>
    Process information:
    Process ID: 2916
    Process name: w3wp.exe
    Account name: NT AUTHORITY\NETWORK SERVICE  

Exception information:
    Exception type: HttpException
    Exception message: Request timed out.

Request information:
    Request URL: http://CrmServer:5555/<Org_Name>/Workplace/home_activities.aspx         Request path: /<Org_Name>/Workplace/home_activities.aspx
    User host address: IP Address
    User: domain\username
    Is authenticated: True
    Authentication Type: Negotiate
    Thread account name: NT AUTHORITY\NETWORK SERVICE  

Thread information:
    Thread ID: 9
    Thread account name: NT AUTHORITY\NETWORK SERVICE
    Is impersonating: False
    Stack trace:

Custom event details:

For more information, see Help and Support Center at http://go.microsoft.com/fwlink/events.asp.

Solution:

Increasing the request execution timeout for ASP.NET solved the problem.
Steps to modify execution timeout
1. Go to IIS Manager.
2. Select Web Sites -> Microsoft Dynamics CRM
3. Right Click ->Properties
4. Select ASP.NET Tab
5. Click on Edit Configuration
6. Select Application Tab
7. Set Request execution time=1200(default is 300)
8. Click ok two times.
9. Close the IIS Manager.

This solved our problem.