If your I5 Mobo is rated to run 1.65v RAM and the Ram you are looking at buying is rated to run at 1.65v or less, then yes, it will be just fine.
You can pick any two of the three sticks and pop them in. It's nice to have an extra, and of course can be used with a triple channel board later.
If I were you, I'd list the RAM you are looking at buying. That way we can see for sure.
And don't forget, voltage is not the only thing that has to be compatible. Some RAM will just not work in certain mobos.
Google search for any threads containing the mobo and the RAM just to make sure there aren't known conflicts.