Mod_python error: "PythonHandler django.core.handlers.modpython"

Traceback (most recent call last):

  File "/usr/lib64/python2.4/site-packages/mod_python/apache.py", line 299, in HandlerDispatch
    result = object(req)

  File "/usr/lib/python2.4/site-packages/django/core/handlers/modpython.py", line 228, in handler
    return ModPythonHandler()(req)

  File "/usr/lib/python2.4/site-packages/django/core/handlers/modpython.py", line 201, in __call__
    response = self.get_response(request)

  File "/usr/lib/python2.4/site-packages/django/core/handlers/base.py", line 133, in get_response
    return self.handle_uncaught_exception(request, resolver, exc_info)

  File "/usr/lib/python2.4/site-packages/django/core/handlers/base.py", line 165, in handle_uncaught_exception
    return callback(request, **param_dict)

  File "/usr/lib/python2.4/site-packages/django/views/defaults.py", line 23, in server_error
    t = loader.get_template(template_name) # You need to create a 500.html template.

  File "/usr/lib/python2.4/site-packages/django/template/loader.py", line 80, in get_template
    source, origin = find_template_source(template_name)

  File "/usr/lib/python2.4/site-packages/django/template/loader.py", line 73, in find_template_source
    raise TemplateDoesNotExist, name

TemplateDoesNotExist: 500.html