exv99w5

Exhibit 99.5
Appendix 3Y
Change of Director’s Interest Notice

Rule 3.19A.2

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 Michael N. HAMMES
	Date of last notice			16 September 2009

Part 1 — Change of director’s relevant interests in securities
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			Direct

	Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.			Not applicable

	Date of change			15 December 2009

	No. of securities held prior to change			• Indirect interest in ordinary shares/CUFS held in the form of 1,800 ADRs, equivalent to a holding of 9,000 fully paid ordinary shares/CUFS. The registered holder is The Bank of New York and they are held on account for the following beneficial owners: • 800 ADRs for Michael N Hammes and Lenore L Hammes; and • 1,000 ADRs for Michael N Hammes; and • 19,613 ordinary shares/CUFS registered in the name of Michael N Hammes and Lenore L Hammes.

	Class			Ordinary shares/CUFS

	Number acquired			2,019

	Number disposed			Nil

	Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation			$16,655.80




+ See chapter 19 for defined terms.

11/3/2002 Appendix 3Y		Page 1

Appendix 3Y
Change of Director’s Interest Notice



	No. of securities held after change			• Indirect interest in ordinary shares/CUFS held in the form of 1,800 ADRs, equivalent to a holding of 9,000 fully paid ordinary shares/CUFS. The registered holder is The Bank of New York and they are held on account for the following beneficial owners: • 800 ADRs for Michael N Hammes and Lenore L Hammes; and • 1,000 ADRs for Michael N Hammes; and • 21,632 ordinary shares/CUFS registered in the name of Michael N Hammes and Lenore L Hammes.

	Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back			On-market trade pursuant to the Supervisory Board Share Plan.

Part 2 – Change of director’s interests in contracts

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			Not applicable

	Name of registered holder (if issued securities)			Not applicable

	Date of change			Not applicable

	No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed			Not applicable

	Interest acquired			Not applicable

	Interest disposed			Not applicable

	Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation			Not applicable

	Interest after change			Not applicable




+ See chapter 19 for defined terms.

Appendix 3Y Page 2		11/3/2002

Appendix 3Y
Change of Director’s Interest Notice

Rule 3.19A.2

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			16 September 2009

Part 1 — Change of director’s relevant interests in securities
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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.			Not applicable

	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 Note: If consideration is non-cash, provide details and estimated valuation			Not applicable




+ See chapter 19 for defined terms.

11/3/2002 Appendix 3Y		Page 1

Appendix 3Y
Change of Director’s Interest Notice



	No. of securities held after change			No change. Current relevant interest in securites 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: • 93,000 options under the 2001 Equity Incentive Plan; • 90,000 options under the Managing Board Transitional Stock Option Plan; • 133,000 options (ROCE) under the 2006 JHINV Long Term Incentive Plan; and • 126,000 options (TSR) under the 2006 JHINV Long Term Incentive Plan.

	Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back			Not applicable

Part 2 – Change of director’s interests in contracts

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 (if issued securities)			Russell Chenu

	Date of change			11 December 2009 (US time)

	No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed			154,312 Relative TSR RSUs

	Interest acquired			15,895 Relative TSR Restricted Stock Units. These Restricted Stock Units are subject to a TSR based hurdle measured over a performance period. 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: • 170,207 Relative TSR RSUs; and • 94,781 Executive Incentive Program RSUs.




+ See chapter 19 for defined terms.

Appendix 3Y Page 2		11/3/2002

Appendix 3Y
Change of Director’s Interest Notice

Rule 3.19A.2

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 Louis GRIES
	Date of last notice			4 December 2009

Part 1 — Change of director’s relevant interests in securities
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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.			Not applicable

	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 Note: If consideration is non-cash, provide details and estimated valuation			Not applicable




+ See chapter 19 for defined terms.

11/3/2002 Appendix 3Y		Page 1

Appendix 3Y
Change of Director’s Interest Notice



	No. of securities held after change			No change. Current relevant interest in securities is: • 259,875 fully paid ordinary shares/CUFS registered in the name of the Director; and • 3,328,000 options over unissued ordinary fully paid shares/CUFS comprising: • 650,000 options under the 2001 Equity Incentive Plan; • 1,000,000 options under the Managing Board Transitional Stock Option Plan; • 860,000 options (ROCE) under the 2006 JHINV Long Term Incentive Plan; and • 818,000 option (TSR) under the 2006 JHINV Long Term Incentive Plan.

	Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back			Not applicable

Part 2 – Change of director’s interests in contracts

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 (if issued securities)			Louis Gries

	Date of change			11 December 09 (US time)

	No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed			793,608 Relative TSR RSUs

	Interest acquired			81,746 Relative TSR Restricted Stock Units. These Restricted Stock Units are subject to a TSR based hurdle measured over a performance period. 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: • 875,354 Relative TSR RSUs; • 201,324 Deferred Bonus RSUs; and • 487,446 Executive Incentive Program RSUs.




+ See chapter 19 for defined terms.

Appendix 3Y Page 2		11/3/2002

Appendix 3Y
Change of Director’s Interest Notice

Rule 3.19A.2

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 Robert Ernest COX
	Date of last notice			16 September 2009

Part 1 — Change of director’s relevant interests in securities
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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.			Not applicable

	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 Note: If consideration is non-cash, provide details and estimated valuation			Not applicable




+ See chapter 19 for defined terms.

11/3/2002 Appendix 3Y		Page 1

Appendix 3Y
Change of Director’s Interest Notice



	No. of securities held after change			Nil

	Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back			Not applicable

Part 2 – Change of director’s interests in contracts

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 (if issued securities)			Robert E Cox

	Date of change			11 December 2009 (US time)

	No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed			220,446 Relative TSR RSUs

	Interest acquired			22,707 Relative TSR Restricted Stock Units. These Restricted Stock Units are subject to a TSR based hurdle measured over a performance period. 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: • 243,153 Relative TSR RSUs; and • 135,402 Executive Incentive Program RSUs.




+ See chapter 19 for defined terms.

Appendix 3Y Page 2		11/3/2002