...short answer, IT WORKS! 🙂
...long answer, decided to buy E5 1603 V3 after Google-ing and found couple of threads on Internet and since this CPU is very cheap, for example http://valid.x86.fr/top-cpu/496e74656c2852292058656f6e285229204350552045352d31363033207633204020322e...
but i have found other sites stating that it works or should work.
And my test went without any issues, or should i say the only issue I had is that board didnt POST with Samsung memory M471A1G43DB0-CPB but its working just fine with Apacer AU04GGB13CDTBGH ( tried with these two because i had them lying around )
hope this will help someone :cool:
ps dont judge my setup i just wanted to see if the processor will work on this motherboard 🙂