In order to install SSMSE 2008 you need to perform the following steps:
- Download the installation package and launch it.
- Click "New SQL Server stand-alone installation or add features to an existing installation".
- Wait untill installation setup support files and configuration checks, then click OK and Install.
- Click "Perform a new installation of SQL Server 2008", but not "Add features to an existing instance of SQL Server 2008" (!!!).
- Click Next in the Product Key dialog even if all the options are disabled.
- In the feature selection dialog enable Management Tools feature and click Next.
- Wait untill installation performs an additionnal configuration checks. Then click Install. Note: You might receive a configuration error, if you have SQL Server 2005 Express tools already installed on the machine. In my case I removed SQL Server 2005 Express tools. But it was not enough. I also used solution provided here (removing registry key). It was helpfull.
- Wait untill installation completed. Enjoy!