Exhibit 99.5

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

	Name of entity James Hardie Industries N.V.
	ARBN 097 829 895 Incorporated in the Netherlands. The liability of members is limited.

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

	Name of Director			Mr Russell L. CHENU
	Date of last notice			26 June 2009

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

	Direct or indirect interest			Not applicable
	Nature of indirect interest			Not applicable
	(including registered holder)
	Note: Provide details of the circumstances giving rise to the relevant interest.
	Date of change			Not applicable
	No. of securities held prior to change			Not applicable
	Class			Not applicable
	Number acquired			Nil
	Number disposed			Nil
	Value/Consideration			Not applicable
	Note: If consideration is non-cash, provide details and estimated valuation

	No. of securities held after change			No change. Current relevant interest in securities is:
				•		35,000 fully paid ordinary shares/CUFS registered in the name of the Director; and
				•		442,000 options over unissued ordinary fully paid shares/CUFS, comprising:
						o		93,000 options under the 2001 Equity Incentive Plan;
						o		90,000 options under the Managing Board Transitional Stock Option Plan;
						o		133,000 options (ROCE) under the 2006 JHINV Long Term Incentive Plan; and
						o		126,000 options (TSR) under the 2006 JHINV Long Term Incentive Plan.
	Nature of change			Not applicable
	Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

	Detail of contract			Not applicable
	Nature of interest			Restricted Stock Units (RSUs) are contractual entitlements to be issued ordinary shares/CUFS upon satisfaction of certain conditions.
	Name of registered holder			Russell Chenu
	(if issued securities)
	Date of change			15 September 2009 (US time)
	No. and class of securities to which interest related prior to change			108,637 Relative TSR RSUs
	Note: Details are only required for a contract in relation to which the interest has changed
	Interest acquired			45,675 Relative TSR Restricted Stock Units. These Restricted Stock Units are subject to a single TSR based hurdle measured over a performance period of 3 to 5 years from the grant date. They are granted pursuant to the 2006 JHINV Long Term Incentive Plan, as approved by shareholders at the 2009 Annual General Meeting.
	Interest disposed			Not applicable
	Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation			No cash consideration was paid for the Restricted Stock Units.
	Interest after change			Current interests in contracts are:
						o		154,312 Relative TSR RSUs; and
						o		94,781 Executive Incentive Program RSUs.