http://www.windowsphone.com/en-us/store/app/app-folder/7d2e7de3-95e7-4143-8a9d-aedf8c3f901ehttp://www.wpcentral.com/folders-nokia-lumia-phone-now-available-heres-how-it-works

Wow! what a surprise from Nokia. Did not expect this comingSurprise! It doesn’t actually need Lumia Black to work. We we’re able to install and use the app on a device with the Amber firmware update installed.
There’s not much to this. This app helps you tidy up your Start screen by allowing you to group apps together into a folder. Not only apps, but some popular settings can also be added for relatively quick access. The folder solution isn’t as elegant as it is on competing mobile operating systems. For example, the folder you create is basically an Live tile with the icons of the various apps inside. Once you tap it you jump into the App Folder app where you’ll then tap the app you want to go to. But it’s a nice way to clean up your Start screen.