Python version 2.7.1
py2exe installed successfully
version - py2exe-0.6.9.win32-py2.7
py2exe in python path

setup.py
Code:
 
from distutils.core import setup
import py2exe

setup(console=['helloworld.py'])
Code:
C:\Python27\Lib\distutils\dist.py:267: UserWarning: Unknown distribution option: 'console'
  warnings.warn(msg)
usage: setup.py [global_opts]
...