How to Prevent Internet Explorer 8 from automatically installing on computers running Microsoft Windows XP, Windows Vista, Windows Server 2003, and Windows Server 2008.
Add following to the registry (see Figure 1)
Keys: [HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\Internet Explorer\Setup\8.0]
Value Name: DoNotAllowIE80
Data Type: REG_DWORD
Value: 1
Figure 1