Simple easy and best solution is available here Outlook PST to EML file format.
Utility option to split large PST mailboxes in Outlook in small files
Automated option to combine multiple PST mailboxes in Outlook in single files
Download Outlook PST Extractor for saving PST file attachments and other data
Conversion of emails files from Offline OST file into Windows Live Mail EML file
MSG to vCard exporter to export whole data of contacts from Outlook MSG to VCF
PST Password Removable program to remove simple to intricate passwords of PST