Flashmute Is a little program that runs in your system tray, and allows you to mute the flash player, on web pages. It's advertised to work with, 98, 2000, and xp. It will also work on Win 7. Not sure about 64bit machine's.
http://download.cnet.com/FlashMute/3000-2381_4-10485539.html

Flash Mute 2 Download Link
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