The descriptions on the download site are incorrect.
If you look at the download list descriptions, they list five groups (1-5), however the actual download packages are number 1,2,4,5,6. They have skipped 3, shifting the numbers accordingly. So after some 30 minutes of download and unpack I found out that I had the wrong package (needed 3 and 5 which turned out to be 4 and 6 instead).
I hope this will save someone the time I wasted..
http://www.microsoft.com/downloads/details.aspx?familyid=e9f6f200-cfaf-4516-8e96-e4d4750397ff&displaylang=en
Group 1 (English, German, Japanese, French, Spanish)
o File name: 6001.18000.080118-1840_x86fre_Server_LP_1-KRMSLP1_DVD.img
• Group 2 (Chinese Simplified, Chinese Traditional, Korean, Portuguese (Brazil))
o File name: 6001.18000.080118-1840_x86fre_Server_LP_2-KRMSLP2_DVD.img
• Group 3 (Italian, Russian, Portuguese (Portugal), Dutch, Swedish)
o File name: 6001.18000.080118-1840_x86fre_Server_LP_4-KRMSLP4_DVD.img
• Group 4 (Polish, Turkish, Czech, Hungarian)
o File name: 6001.18000.080118-1840_x86fre_Server_LP_5-KRMSLP5_DVD.img
• Group 5 (Arabic, Danish, Norwegian, Finnish, Hebrew, Greek, Thai, Ukrainian, Romanian, Slovakian, Slovenian, Croatian, Serbian Latin, Bulgarian, Lithuanian, Latvian, Estonian)
o File name: 6001.18000.080118-1840_x86fre_Server_LP_6-KRMSLP6_DVD.img