At the request of the moderator Andreo Paulo_D to me via a Private Message, I'm creating a new thread with my issue. 

The previous thread, will all pertient details about my issue is located here:  http://answers.microsoft.com/en-us/windowslive/forum/mail-calendar/unable-to-remove-the-email-address-under-calendar/390cf9cc-be94-4369-b97d-46e9965b2219.

Please let me know status of the fix.

Regards,

Steph