Build Boost 1.45 using MinGW

Question

Try to compile Boost 1.45 on Windows XP using MinGW. I did it a year ago and almost forgot how to repeat it.

%PATH% contains MinGW path.
user-config.jam contains using gcc ;
bjam (the ntx86 one) from here.

Output:

<path> > bjam --build-dir="E:\Boost" --build-type=complete toolset=gcc stage

<path>/tools/build/v2/build\configure.jam:145: in builds-raw
*** argument error
* rule UPDATE_NOW ( targets * : log ? : ignore-minus-n ? )
* called with: ( <pbin.v2\libs\regex\build\gcc-mingw-4.4.1\debug>has_icu.exe :  : ignore-minus-n : ignore-minus-q )
* extra argument ignore-minus-q
(builtin):see definition of rule 'UPDATE_NOW' being called
<path>/tools/build/v2/build\configure.jam:179: in configure.builds
<path>/tools/build/v2/build\configure.jam:216: in object(check-target-builds-worker)@409.check