maya2egg2008.exe (cannot get it to work)

This is a repeat of a similar thread but with a slightly more targeted focus.

Problem:
cannot convert maya2008 model to egg

background:
I have Python 2.5 in [b]C:\Python25[/b]
I have Panda in C:\Panda3D-2008.03.04
I have Maya2008 in default C:\program files\autodesk…

When I attempt to run maya2egg2008 I get the following error:

X:\My Documents\My 3D\Panda>maya2egg2008 pandatest.mb test2.egg

Initializing Maya.
ImportError: No module named maya.app.python
Invalid Python Environment: Python is unable to find Maya's Python modules
Python Evironment:
  PYTHONHOME not set!
  System modules located at: C:\Python25\Lib
  Python cannot find sys module!
ImportError: No module named maya.app.python
Invalid Python Environment: Python is unable to find Maya's Python modules
Python Evironment:
  PYTHONHOME not set!
  System modules located at: .
  Python cannot find sys module!
ImportError

check out the thread " maya2egg28 not found - trying to export with mel script" - look about halfway down i was having the same prob