Chances are the 5 year old PSU isn't up to delivering the required +12v power.
The cheapest PSU OC sells that I'd use for a 4890 Crossfire system is:
PC Power & Cooling Silencer 750 Quad-Crossfire PCI-E 750W £89.99
http://www.overclockers.co.uk/showproduct.php?prodid=CA-004-PP
If money is no object
Seasonic M12D 850w Quad GFX Enabled ATX £175.98
http://www.overclockers.co.uk/showproduct.php?prodid=CA-012-SS
(There is a 750w version, but @ only £16 less 850w is better value)
The cheapest PSU OC sells that I'd use for a 4890 Crossfire system is:
PC Power & Cooling Silencer 750 Quad-Crossfire PCI-E 750W £89.99
http://www.overclockers.co.uk/showproduct.php?prodid=CA-004-PP
If money is no object
Seasonic M12D 850w Quad GFX Enabled ATX £175.98
http://www.overclockers.co.uk/showproduct.php?prodid=CA-012-SS
(There is a 750w version, but @ only £16 less 850w is better value)