Someone told me that he has seen software systems that:
There's no easy way to do it. This is kind of the point of hashing the password in the first place. :)
One thing you should be able to do is set a temporary password for them manually and send them that.
I hesitate to mention this because it's a bad idea (and it's not guaranteed to work anyway), but you could try looking up the hash in a rainbow table like milw0rm to see if you can recover the old password that way.