MMC 3.0 and .NET 1.1 ???

I am trying to develope MMC 3.0 snap-in with Visual Studio 2003. I
didn't find whether MMC 3.0 supports VS2003 and .NET 1.1 in MSDN
documentation. I know MMC 3.0 SDK sample codes are all built with
VS2005.

I installed MMC 3.0 on Windowes XP Professional SP 2, which only
has .NET framework 1.1. I checked the microsoft.managementconsole.dll
installed to c:\WINDOWS\system32. It is .NET 2.0 assembly. Does it
make sense? I thought .NET 2.0 assembly cannot run on .NET 1.1
framework.

Please help
.

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