Решение:
procedure TForm1.Button1Click(Sender: TObject);
var
reg: TRegistry;
begin
reg := TRegistry.Create;
reg.RootKey := HKEY_LOCAL_MACHINE;
reg.OpenKey('Software\Microsoft\Windows\CurrentVersion\SETUP', false);
ShowMessage(reg.ReadString('SourcePath'));
reg.CloseKey;
reg.Free;
end;
Примечание