Hi Volodya,

Thanks for your suggestion. I tried it, but to of no avail.
Here's what I did.

I copied the nighly build src and built bjam.exe.
'bjam.exe --version' shows 

Boost.Build V2 (Milestone 12)
Boost.Jam 03.1.17

I just copied this binary to my place. I didn't copy any of the *.jam files from the nightly build. Is it ok?

If this is correct, I'm afraid the fix didn't work. I am upper-casing the first letter of the path (excluding the drive letter) to get bjam to work.

Thanks,
Anant