For example enter the line password -md5 <md5 hash> after timeout line
# vi /boot/grub/menu.lst
# grub.conf generated by anaconda
#
# Note that you do not have to rerun grub after making changes to this file
# NOTICE: You have a /boot partition. This means that
# all kernel and initrd paths are relative to /boot/, eg.
# root (hd0,0)
# kernel /vmlinuz-version ro root=/dev/sda3
# initrd /initrd-[generic-]version.img
#boot=/dev/sda
default=0
timeout=5
password --md5 oD/1$NklcucLPshZVoo5LvUYEp1