No it will not. The CPU you have is for a socket 478 using pins. The mobo you are looking at is LGA775 which uses lan grid array instead of pins. It will not fit.
For that modo you need either a Pentium Dual Core, Core 2 Duo or a Core 2 Quad. You could find a LGA775 Pentium 4 or Pentium D but those are hard to find and not worth it as much as the previous I mentioned.