What happens when you try to press retry?
Did you completely delete BF2 with all it's shader cache?
Retry gives the same error once again.
About shader cache... hmm don't remember as it was some time ago. Will try deleting shader cache now, if this doesn't help will try to do complete reinstall (making sure deleting the cache).
EDIT: With cache deleted it gives the same error. Will go for reinstalling now...
EDIT 2: Reinstalling BF2 didn't help