Index: Lib/distutils/command/build_ext.py
===================================================================
--- Lib/distutils/command/build_ext.py	(revision 83932)
+++ Lib/distutils/command/build_ext.py	(working copy)
@@ -214,7 +214,7 @@
 
             elif MSVC_VERSION == 8:
                 self.library_dirs.append(os.path.join(sys.exec_prefix,
-                                         'PC', 'VS8.0', 'win32release'))
+                                         'PC', 'VS8.0'))
             elif MSVC_VERSION == 7:
                 self.library_dirs.append(os.path.join(sys.exec_prefix,
                                          'PC', 'VS7.1'))