Exhibit 99.1

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 SE
	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 Donald G McGAUCHIE
	Date of last notice			20 March 2008

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			24 February 2010
	No. of securities held prior to change			•   6,000 fully paid ordinary shares/CUFS registered in the name of D.G., E.C. and R.E. McGauchie as trustees of the McGauchie superannuation fund; and
				•   9,372 fully paid ordinary shares/CUFS registered in the name of the Director.
	Class			Fully paid ordinary shares/CUFS
	Number acquired			5,000
	Number disposed			Nil
	Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation			$37,850

+ 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			•   6,000 fully paid ordinary shares/CUFS registered in the name of D.G., E.C. and R.E. McGauchie as trustees of the McGauchie superannuation fund; and
				•   14,372 fully paid ordinary shares/CUFS registered in the name of the Director.
	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.

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.
11/3/2002		Appendix 3Y Page 2