Hello Saqib,
I have not found any authentic site about installing Visual Studio 2003 on Windows 2008. But as installing Visual Studio 2003 on Windows Vista is not supported(see
here), I believe it is also not supported on Windows 2008.
As I find any official clarification about this issue. I will post back here.
Please remember to mark the replies as answers if they help and unmark them if they provide no help.
Send us any feedback you have about the help from MSFT at EMAIL GONE.