It can be done (use the search button at the top of the Linux Questions display), but why bother? Just let Kubuntu install GRUB in your MBR, and you'll have an "Other" section in your boot menu which will let you boot Win 2K, and you can set that to be the default.
If you boot from the Kubuntu live disk, I think (I haven't tried this) that it might be as simple as doing a sudo grub-install /dev/fd0 in a terminal window with a blank, formatted floppy in the drive.
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