1) Reboot your system.
2) When GRUB comes up type e .
3) Now select entry that begins with kernel.
4) Add then end of the kernel entry type either s or single, now hit enter.
5) Type b, the box will boot up and now you can type in the cmd prompt passwd root.
This will reset the password to whatever you like.
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source:http://linuxpoison.blogspot.com/2007/10/135781758015930.html