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P1324 indicates "Timing chain out of position on Bank 2" (Driver's side in US). As it is what I mentioned earlier in this thread, I think you have the same problem, i.e. the brown plastic pad has worn beyond permissible limits, or it has broken into many pieces. The noise you hear may be the timing chain hitting against the valve cover. Check the oil for bits of plastic and metal shavings (aluminum). If you're going to do this yourself, then check both the Bentley and Pelican books for details as well as this forum and Youtube to decide it is something you can do.
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'98 986 Arctic Silver
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