Email Sent Re. Password And Id Information

I received this email today. Is it valid? Is it sent by Hotmail? Do I need to do anything to avoid having my account being closed? See email msg. Dear Account User Subscriber, This Email is from Hotmail Customer Care™ and we are sending it to all Hotmail Accounts Owner for safety. We are having congestion due to the anonymous registration of Hotmail accounts so we are shutting down some accounts and your account is among those to be deleted. We are sending this email to you so that you can verify and let us know if this account is still valid? If yes, The following information is needed to verify your account to avoid being closed : Your User name, password, date of birth  your country information.    Click on the reply button and fill in your information * User name : .....................* Password   : .....................* Date of Birth: ...................* Country Or Territory: .......     Characters:  Enter the 8 characters you see       Hotmail Essentials   After following the instructions in the sheet, your account will not be interrupted and will continue as normal. Thanks for your attention to this request. We apologize for any inconvenience. Warning!!! Account owner that refuses to update his/her account after 24 Hours of receiving this warning will lose his or her account permanently, Incomplete details and wrong passwords forwarded will result in suspension or closure of your account for security reasons.