When you browse the Web using Internet Explorer, every Favorite Web location that you store is saved as an individual file onto your hard drive. As a result, the best way to organize, edit and back up your Favorites is generally to do so from within Windows Explorer. Find your Favorites folder to remove Favorites that you no longer use, or transfer your Favorites to a new computer.
Click "Start" and select your user name at the top of the Start menu.
There will be a folder called "Favorites." All you Internet Explorer Favorites are stored in this folder. If you want to copy the folder, right-click on it and select "Copy" from the context menu.
To put the copy on an external storage device to move to a new computer, navigate to the device, right-click on a blank area in the device and select "Paste" from the context menu.
Replace the Favorites folder on another computer with the one you copied to put your Favorites on more than one computer.