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Hello, the code is for a malfunction of the VVTi oil control valve located in the cylinder head near the alternator, it has a connector with a couple of wires on it, make sure the connector is not damaged. A common mistake is to pry against it to move the alternator, this can bend the valve or otherwise damage it.
Ok, lets hope it's ok now, it may have taken a little time to build oil pressure back up to get the VVTi working correctly, clear the code and let's hope that's it. Good luck and thanks again for using our site.