The attached PDF shows how to add this to ArcGIS Explorer 1500. I have also included my GEOGTRAN file which needs the .txt extension removed to work. Enjoy!
With the OSTN02 NTv2 Transformation being adopted by EPSG, I have changed the names of the transformations to reflect those of EPSG. The CUSTOM transformation code must be in the range 208000 and so I have ensured that they reflect the EPSG code of 5338 and 5339 by using 208338 and 208339 respectively.