I have installed Intel Parallel Studio XE 2013 in addition to Visual Studio 2012 on a 32bit Windows 7 machine. I have tried to build Boost 1.53 with Intel compiler by follow
The accepted answer to the topic in this link solved a similar problem for me, which pertained to Intel Compiler 17.0 Update 5 and Visual Studio 17.
You need to change a couple of lines in tools/build/src/tools/intel-win.jam
Note, the build proceeds with a number of warnings.