Sorry for my late reaction:
What i did is the following, i used mpeg-2 (not mpeg-2 dvd) and used the following settings/actions in AE:
i press CTRL+M when the right comp is selected
i press on output module
i use the following settings:
Format: Mpeg2
Embed: Project link (unchangable)
Post render action: none
Video output: RGB/Millions of Colors/Premultiplied (matted)
In format options i leave everything standard except for audio where i use PCM.
I export on Pal 25 frames a sec, everything is meant for european Pal televisions
Audio export settings are: 48 KHZ 16 bit stereo
In encore the transcode option in the transcode colums says:
Don’t Transcode