I tried to find it on my freshly formatted XP ..does not exist !!! so looks like its not there in the first place ...
So does this help.. How to install IIS and run ASP on Windows XP Professional
Note: You cannot run ASP on Windows XP Home Edition.
Insert the Windows XP Professional CD-Rom into your CD-Rom Drive
From your Start Button, go to Settings, and Control Panel
In the Control Panel window select Add/Remove Programs
In the Add/Remove window select Add/Remove Windows Components
In the Wizard window check Internet Information Services, click OK
An Inetpub folder will be created on your harddrive
Open the Inetpub folder, and find a folder named wwwroot
Create a new folder, like "MyWeb", under wwwroot.
Use a text editor to write some ASP code, save the file as "test1.asp" in the "MyWeb" folder
Make sure your Web server is running - its status can be checked by going into the Control Panel, then Administrative Tools, and double-click the "IIS Manager" icon