My 2000 does have seat memory buttons. I checked through my Parts collection and I do NOT have a 2001 S set. There's a 2002 S Tiptronic and the DME probably wouldn't be good with your manual transmission.
I found one of my 2000 S M535 boxes has a different part number -ends with "260.07" instead of "262.01"). Makes me curious. I'll look in the parts catalog and post anything useful I find.
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I am not an attorney, mechanic, or member of the clergy. Following any advice given in my posts is done at your own peril.
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