This tool demonstrates how to decode Internet Explorer 7, 8 and 9 passwords. Win32 binary and source code included.
You can download it from the following link: https://packetstormsecurity.com/files/download/121429/ie_decode.zip
Source: https://packetstormsecurity.com/files/121429/Internet-Explorer-7-8-9-Password-Dumper-1.0.html