Yes it does. Its in the start menu.
In both Windows XP and Vista, you can change the time zone by accessing the "Date and Time" option in the Control Panel. From there, you can adjust the time settings including selecting a different time zone.
The Control Panel
In the control panel, select System. Basic information about your computer will be displayed, including the version and type of operating system in use.
You can use the Control Panel to install it.
In Windows 2000, you need the Add/Remove Hardware icon in the Control Panel. In Windows 9x/Me, use the PC Card icon in the Control Panel. (page 1088, A+ Guide to Managing & Maintaining Your PC)
The PC Card icon in Control Panel
Add/Remove hardware icon in the control panel.
when you can use windows vista :)
You get a copy of the mspaint.exe file from Windows XP, and move it to your Windows Vista computer.
Add/Remove Hardware icon in Control Panel
Go to Control Panel>Ease of Access>East of Access Center>Explore all Settings>Use the computer without a display. Then uncheck the box that says Turn on Narrator. Click save.
Windows Vista DVD.