On Sunday Sunday, June 01 Winbeta leaked Office 2003 Beta 2 Refresh build 5207. Since then there has been allot of speculation as to whether this is the refresh build official beta testers have been waiting for. we can now bring you the response directly from MS
"5207 is not the refresh. It's an internal "dogfood" build of Office and was never intended to be released as a beta. The real refresh is coming soon and will be a much better build than 5207. 5207 was built at the beginning of May.
Tom Oliver
Microsoft Office Beta Support
Source:
http://www.betaplace.com/