Small Business Server 2003
Offline Defrag of exchange database
In program files -> exchange system manager
Administrative groups -> first administrative group -> servers -> servername -> first storage group -> right click group and unmount
make sure c:\program files\exchsrvr\bin is in the path so you can use eseutil.exe
eseutil /d priv1.edb /tf:\exchsrv\mdbdata\tempdefrag.edb /p
Note - no space between /t and the location
more information on running the exchange tools