Unable to load project with 957 on OSX 10.3

When trying to create a new project (empty or with a source tree) the follow exception pops up:

I should mention that 3.0.5 was working fine; no problems with OSX 10.3

Error message: Repository caches are corrupted and will be rebuilt on next startup
java.lang.IndexOutOfBoundsException
at java.nio.Buffer.checkIndex(Buffer.java:444)
at java.nio.DirectByteBuffer.getShort(DirectByteBuffer.java:533)
at com.intellij.util.i.k.h(k.java:60)
at com.intellij.util.i.k.access$800(k.java:224)
at com.intellij.util.i.k$b_.b(k$b_.java:57)
at com.intellij.util.i.k$b_.a(k$b_.java:15)
at com.intellij.util.i.k$b_.]]>(k$b_.java:20)
at com.intellij.util.i.k.b(k.java:253)
at com.intellij.psi.impl.f.a.a.h.a(h.java:45)
at com.intellij.psi.impl.f.a.a.h.b(h.java:82)
at com.intellij.psi.impl.f.a.a.n.b(n.java:128)
at com.intellij.psi.impl.f.a.a.p$6.run(p$6.java:1)
at com.intellij.psi.impl.f.a.a.p.a(p.java:300)
at com.intellij.psi.impl.f.a.a.p.a(p.java:155)
at com.intellij.psi.impl.f.a.q.a(q.java:0)
at com.intellij.ide.k.d.a(d.java:29)
at com.intellij.ide.k.d.a(d.java:20)
at com.intellij.ide.k.a.a$0.run(a$0.java:6)
at com.intellij.openapi.application.a.b.runReadAction(b.java:252)
at com.intellij.ide.k.a.a.b(a.java:16)
at com.intellij.openapi.project.a.b$6.run(b$6.java)
at com.intellij.progress.c.a(c.java:9)
at com.intellij.openapi.project.a.b$8.run(b$8.java:1)
at java.lang.Thread.run(Thread.java:554)

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