diff --git a/java/java-impl/src/com/intellij/ide/projectView/impl/nodes/PackageElementNode.java b/java/java-impl/src/com/intellij/ide/projectView/impl/nodes/PackageElementNode.java
index 33f42940c0e6..6e55588ca65e 100644
--- a/java/java-impl/src/com/intellij/ide/projectView/impl/nodes/PackageElementNode.java
+++ b/java/java-impl/src/com/intellij/ide/projectView/impl/nodes/PackageElementNode.java
@@ -24,6 +24,7 @@ import com.intellij.openapi.extensions.Extensions;
 import com.intellij.openapi.ide.CopyPasteManager;
 import com.intellij.openapi.module.Module;
 import com.intellij.openapi.module.ModuleUtilCore;
+import com.intellij.openapi.project.IndexNotReadyException;
 import com.intellij.openapi.project.Project;
 import com.intellij.openapi.vfs.VfsUtilCore;
 import com.intellij.openapi.vfs.VirtualFile;
@@ -108,13 +109,15 @@ public class PackageElementNode extends ProjectViewNode<PackageElement> {
 
   @Override
   protected void update(final PresentationData presentation) {
-    PackageElement value = getValue();
-    if (value != null && value.getPackage().isValid() && (value.getModule() == null || !value.getModule().isDisposed())) {
-      updateValidData(presentation, value);
-    }
-    else {
-      setValue(null);
+    try {
+      PackageElement value = getValue();
+      if (value != null && value.getPackage().isValid() && (value.getModule() == null || !value.getModule().isDisposed())) {
+        updateValidData(presentation, value);
+        return;
+      }
     }
+    catch (IndexNotReadyException ignore) {}
+    setValue(null);
   }
 
   private void updateValidData(PresentationData presentation, PackageElement value) {