• I did it !

    It is very simple

    SQL 2005 installation has removed key from

    HKEY_CLASSES_ROOT\CLSID\00100100-1816-11D0-8EF5-00AA0062C58F

    I placed them back, and it works ! (Enterprise Manager)

    Windows Registry Editor Version 5.00

    [HKEY_CLASSES_ROOT\CLSID\{00100100-1816-11d0-8EF5-00AA0062C58F}]

    @="Microsoft SQL Enterprise Manager SnapIn"

    [HKEY_CLASSES_ROOT\CLSID\{00100100-1816-11d0-8EF5-00AA0062C58F}\InProcServer32]

    @="C:\\Program Files\\Microsoft SQL Server\\80\\Tools\\Binn\\sqlmmc.dll"

    "ThreadingModel"="Both"

    [HKEY_CLASSES_ROOT\CLSID\{00100100-1816-11d0-8EF5-00AA0062C58F}\ProgID]

    @="SQLMMC.1"

    [HKEY_CLASSES_ROOT\CLSID\{00100100-1816-11d0-8EF5-00AA0062C58F}\VersionIndependentProgID]

    @="SQLMMC"