import py2exe.py2exe_util

c:\Python27>setup.py py2exe
running py2exe
*** searching for required modules ***
*** parsing results ***
*** finding dlls needed ***
Traceback (most recent call last):
  File "C:\Python27\setup.py", line 10, in <module>
    console=['hello.py']
  File "C:\Python27\lib\distutils\core.py", line 152, in setup
    dist.run_commands()
  File "C:\Python27\lib\distutils\dist.py", line 953, in run_commands
    self.run_command(cmd)
  File "C:\Python27\lib\distutils\dist.py", line 972, in run_command
    cmd_obj.run()
  File "C:\Python27\lib\site-packages\py2exe\build_exe.py", line 243, in run
    self._run()
  File "C:\Python27\lib\site-packages\py2exe\build_exe.py", line 305, in _run
    dlls = self.find_dlls(extensions)
  File "C:\Python27\lib\site-packages\py2exe\build_exe.py", line 389, in find_dl
ls
    self.dll_excludes)
  File "C:\Python27\lib\site-packages\py2exe\build_exe.py", line 1021, in find_d
ependend_dlls
    import py2exe_util
ImportError: DLL load failed: %1 эх  ты хЄё  яЁшыюцхэшхь Win32.

from distutils.core import setup
import py2exe
setup(  options={"py2exe":{"compressed":1,
                 "optimize":2,
                 "ascii":1,
                 "bundle_files":1}
                 },
        zipfile=None,         
        console=['hello.py']
        )

print 'Hello World'

import py2exe.py2exe_util

import py2exe.py2exe_util

Traceback (most recent call last):
  File "<pyshell#1>", line 1, in <module>
    import py2exe.py2exe_util
ImportError: DLL load failed: %1 не является приложением Win32.

Hello World