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"