Оформил: DeeCo
Автор: http://www.swissdelphicenter.ch

uses
   SHDocVw, ShlObj, ShellApi;

 {....}

 function OrganizeFavorite(h: THandle; path: PChar): Boolean;
   stdcall external 'shdocvw.dll' Name 'DoOrganizeFavDlg';


 {....}


 function GetSpecialFolderPath(CallerHandle: THandle; CSIDL: Integer): PChar;
 var
   exInfo: TShellExecuteInfo;
   Buf: PChar;
 begin
   // initialize all fields to 0 
  FillChar(exInfo, SizeOf(exInfo), 0);
   with exInfo do
   begin
     cbSize := SizeOf(exInfo);
      fMask  := SEE_MASK_FLAG_DDEWAIT or SEE_MASK_IDLIST;
     Wnd    := CallerHandle;
     nShow  := SW_SHOWNORMAL;
     Buf    := StrAlloc(MAX_PATH);
     SHGetSpecialFolderPath(wnd, Buf, CSIDL, True);
     Result := Buf;
   end;
 end;

 procedure TForm1.Button1Click(Sender: TObject);
 begin
   OrganizeFavorite(Handle, GetSpecialFolderPath(Handle, CSIDL_FAVORITES));
 end;