You shouldn't do this. If you publish you're site anywhere it will break.
You should always use a relative path.
The src attribute is resolved by the client (e.g. the browser) which doesn't have access to the absolute path.
Looking at you're path you're website is in H:\Projects\Website1.
So the images are in the image folder.
The paths should be relative and actual url's so with forward slashes.
<frame src="images/IMG_haefelelogo.gif" name="frame_a">
Hope this helps.
I will however note that framesets are no longer part of the HTML spec and support will probably be dropped in some future modern browsers