What will happen then with entourage?

I use home edition of office for mac 2008 with W, P, X and Entourage.
If I buy this new package, shall I be able to migrate from Entourage to Outlook all existing mails, mail boxes, subfolders as well as rules (about 100!!!) I have created for classification of messages into subfolders?

Microsoft Office for Mac Home and Business 2011

Microsoft Office for Mac Home and Business 2011

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