Problem in arm-elf-gcc running in the Linux PC

Hello,

I started to install arm cross-complier in my linux pc (ubuntu8.04). 
Then, download the toolchain for linux from here.

http://embdev.net/articles/ARM_GCC_toolchain_for_Linux_and_Mac_OS_X

and add the following in the /etc/profile

PATH=/usr/local/arm/bin:$PATH
export PATH

But after make the file, I found the following error.

arm-elf-gcc -x assembler-with-cpp -c -mcpu=arm7tdmi -g -gdwarf-2 
-Wa,-amhls=src/initcpu.lst   src/initcpu.s -o src/initcpu.o
arm-elf-gcc: error trying to exec 'cc1': execvp: No such file or 
directory
make: *** [src/initcpu.o] Error 1

Can someone help?

Tim