We discuss the implication of recent evaluation of the SM contribution
to (g-2)\mu in light of the latest E821 measurement,
for the light Higgs-boson scenarios in a Two-Higgs-Doublet-Model (``Model
II''). If the constraints from the new (g-2)\mu results are
combined with the other existing constraints, one can exclude a light-scalar
scenario at 95% CL while a light- pseudoscalar scenario can be realized,
for a pseudoscalar mass between 25 and 70 GeV with \tan \beta in the range
25 \le \tan \beta \le 115.
PACS numbers: 12.60.Fr, 14.80.Cp
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