Sorry - didn't notice 5.5 earlier. Have you checked this? http://www.microsoft.com/exchange/en/55/help/default.asp?url=/exchange/en/55/help/documents/server/xmt02004.htm
You can restore an information store to a Microsoft Exchange Server computer that is different from the one you backed up. This enables you to recover individual items (messages or folders) from a backup without restoring over a server that is in use. This is a last-resort method for retrieving items from individual mailboxes or public folders. It requires an additional computer that has enough hard drive disk space to restore the entire backup and that meets the hardware requirements to run a Microsoft Exchange Server computer. The alternate server cannot replicate its directory with the existing organization.
Warning If you type your production server name as the destination server name in the Restore Information dialog box, you will restore over your production server.
Set up Microsoft Exchange Server on the alternate server with the same organization and site name as the tape being restored, but do not add this server to an existing site during Setup.
Using Windows NT Backup, restore the information store, and type the alternate server namefor the destination server in the Restore Information dialog box.
Select the following check boxes.
Erase all existing data
Private
Public You must select both Private and Public, even if the backup contains only one of these databases.
Start the services on the alternate server. This can be done automatically by selecting Start Service after Restore in step 2.
In the Administrator window, locate the DS/IS consistency adjustment in the Advanced property page of the server object. Choose All Inconsistencies, and then choose Adjust.