2 GB of RAM are enough for EB, check the main menu if the right version (1.2) is shown, if not you have installed 1.2 into a wrong location, remember 1.2 is not save-game compatible and include the fixes for 1.2.
Don't keep playing EB more than 2 hours at one time, restart the game after this amount will help to get over the memory leak of RTW. If you have access to BI, changing to it (using Ferromancers installer in the mini-mod section of this forum), will furthermore increase the stability of the game.
XSamatan
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