Possibly not, the 8V distributor rotates in the opposite direction so if you have a distributor from a carb model with mechanical and vacuum advance then it won't work.
If its an electronic distributor then you should check the number of teeth on the sensor wheel because some balenos and Esteem had 5 teeth with the 5th tooth synchronising the ECU to number one TDC.
My Baleno is distributorless so I'm afraid that I can't be more specific.