See the question and my original answer on StackOverflow

If the fancy scroll bar can be implemented as another control (your image actually looks like that), here is the code of a ListBox that supports custom scrolling:

Imports System.Runtime.InteropServices

Public Class CustomScrollListBox
    Inherits ListBox

    Public Sub Scroll(ByVal percentage As Single)
        If (percentage < 0.0!) Then
            Throw New ArgumentException(Nothing, "percentage")
        End If

        ' Sends the scroll / set position Windows message
        Const WM_VSCROLL As Integer = &H115
        Const SB_THUMBPOSITION As Integer = 4
        Dim wp As Integer = CInt(((percentage * MyBase.Items.Count) * 65536.0!)) + SB_THUMBPOSITION
        CustomScrollListBox.SendMessage(MyBase.Handle, WM_VSCROLL, New IntPtr(wp), IntPtr.Zero)
    End Sub

    <DllImport("user32.dll")> _
    Private Shared Function SendMessage(ByVal hWnd As IntPtr, ByVal msg As Integer, ByVal wParam As IntPtr, ByVal lParam As IntPtr) As IntPtr
    End Function

    Protected Overrides ReadOnly Property CreateParams() As CreateParams
            ' Removes the vertical scroll window style
            Dim p As CreateParams = MyBase.CreateParams
            Const WS_VSCROLL As Integer = &H200000
            p.Style = (p.Style And -WS_VSCROLL)
            Return p
        End Get
    End Property

End Class

And here is a sample form that uses it. I have implemented the custom scroller as a standard Trackbar (trackBar1) for the example:

Public Class Form1

    Private trackBar As TrackBar
    Private listBox As CustomScrollListBox

    Protected Overrides Sub OnLoad(ByVal e As System.EventArgs)
        ' initialize some listbox props
        listBox = New CustomScrollListBox
        listBox.Location = New Point(&H19, 210)
        listBox.Name = "listBox2"
        listBox.Size = New Size((&H17D - Me.TrackBar1.Width), &HAD)
        listBox.TabIndex = 1

       ' add some items
        Dim i As Integer
        For i = 0 To 100 - 1
            listBox.Items.Add(("item" & i))
        Next i

    End Sub

    Private Sub TrackBar1_Scroll(ByVal sender As System.Object, ByVal e As System.EventArgs) Handles TrackBar1.Scroll
        ' compute trackbar's position as a percentage
        listBox.Scroll(CSng(TrackBar1.Maximum - TrackBar1.Value) / TrackBar1.Maximum - TrackBar1.Minimum)
    End Sub

End Class