Net Framework 2.0 compatible with Creation Center?

King Cobra

Yellow Card [SPAM]
I've recently bought a new computer. For the graphic card maintainance I need to install Net Framework 2.0. However, I need Net Framework 1.1 for being able to use Creation Center for my FIFA2005 which I still use.

Will Creation Center work with Net Framework 2.0?

If not, can I install Net Framework 1.1 too without both Net Frameworks interfering with each other?