- open outlook 2003 (using your profile)
- now right click personal folders in the left side and click properties for "personal folders"
- in the opened properties window click advanced in general tab
- now click change password button
- type your password in the new password field and verify it by re-typing in verify password field
6. click ok
7. click apply and ok for all properties window
now try open outlook 2003, it should ask for password to continue, in here also remember not to save you password in the list.