Motherboard?
This should be your first stop.
Core2 Overclocking Guide
http://www.tomshardware.co.uk/forum/259899-11-core-overclocking-guide
Next stop should be a guide for your particular motherboard. Google is your friend.
If you have a Gigabyte motherboard, this is useful:
Shadow's Gigabyte motherboard OC guide:
http://www.tomshardware.co.uk/forum/page-245679_11_0.html
It's for an EP35-DS3L but all the Gigabyte Core2 BIOS's are similar.
Go through the guides. Then take your core voltage off Auto and set your memory voltage to factory recommended values. Change the System Memory Multiplier (or whatever your BIOS calls it) from AUTO to 2.00, 2.00B, or 2.00D - whichever you need to set the Memory Frequency to twice the FSB. Then when you increase the FSB, the memory clock will rise in in proportion with it. At an FSB of 266 MHz, your memory clock should be at 533 MHz.
Download CPU-Z to check your FSB:RAM ratio. It should be a 1:1 ratio.
Warning - confusion factor between what the BIOS calls things and what CPUZ calls things. What the BIOS calls "memory frequency" is actually the memory clock. What CPUZ calls "memory frequency" is half the memory clock - DDR2 RAM, remember? It transfers two chunks of data each bus cycle. What you want in CPUZ is a 1:1 FSB:RAM ratio.
Upper limit of core voltage is 1.45 volts. And keep your core temps under 70 C.