Follow these steps - https://account.live.com/ResetPassword.aspx?wreply=https://login.live.com/login.srf%3fwa%3dwsignin1.0%26rpsnv%3d11%26ct%3d1316979531%26rver%3d6.1.6206.0%26wp%3dMBI%26wreply%3dhttp:%252F%252Fmail.live.com%252Fdefault.aspx%26id%3d64855%26cbcxt%3dmai%26snsc%3d1%26vv%3d1550%26mkt%3dEN-GB%26lc%3d2057&id=64855&uiflavor=web&uaid=adeae09a6e9d405fab420515e43e768b&mkt=EN-GB&lc=2057&bk=1393454531
Answers & Comments
Follow these steps - https://account.live.com/ResetPassword.aspx?wreply=https://login.live.com/login.srf%3fwa%3dwsignin1.0%26rpsnv%3d11%26ct%3d1316979531%26rver%3d6.1.6206.0%26wp%3dMBI%26wreply%3dhttp:%252F%252Fmail.live.com%252Fdefault.aspx%26id%3d64855%26cbcxt%3dmai%26snsc%3d1%26vv%3d1550%26mkt%3dEN-GB%26lc%3d2057&id=64855&uiflavor=web&uaid=adeae09a6e9d405fab420515e43e768b&mkt=EN-GB&lc=2057&bk=1393454531
On the Hotmail sign-in page, click the "Can't access your account?" link.