Step 4 Fails

I am attempting to install Gallery 2.3 on a Windows XP box running IIS/PHP. I get to step 4 and it fails with the error:
Fatal error: Maximum execution time of 30 seconds exceeded in C:\Inetpub\wwwroot\gallery2\install\steps\StorageSetupStep.class on line 289

Line 289 in StorageSetupStep.class is:
$response = trim(fgets($fd, 4096));

I don't know enough PHP to begin to debug this. Any suggestions?

Gallery version: 2.3
PHP version: 5.2.9-2
PHPInfo Link: localhost
Webserver: IIS 5.1
Database: MySQL 5.1
Activated toolkits: N/A
Operating system: WinXP
Browser (e.g. Firefox 2.0): Firefox 3.0.10, Chrome 1.0.154.59