Hi Rao
1)How to reduce my database free space from Mssql 2005 management studio.
2)What is the Procedure.
Open the MS Sql 2005 management studio - select the Server Database (SID) - right click - go to Tasks - select shrink - select file check the free space in database files & log file. before starting the shrink better you can take the full database backup into local disk or tape
3)Is it possible to reduce the Database free size once added to SQL Database files.
You can create another one more partition to move any one of the database file. kindly refer the SAP Note 363018 - File management for SQL Server
BR
SS