Yes;-) It will work, but you get into the one disk (98) for one computer scenario.lol
Is there a big difference in price on the continent for upgrade disks or are you buying from the UK.
It's just here, it's cheaper to get an oem of XP, rather than the upgrade disk. click here click here
You would have to order some hardware to get the OEM version, but a 99p mouse would do.;-)