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 30/09/01 Amended 01/01/11

	Name of entity		James Hardie Industries SE
	ARBN		097 829 895

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			Louis GRIES
	Date of last notice			3 June 2011

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			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.

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Appendix 3Y
Change of Director’s Interest Notice

	No. of securities held after change			No change. Current relevant interest is: •      578,924 ordinary shares/CUFS registered in the name of the Director; and •      2,328,000 options over unissued ordinary shares/CUFS comprising: •      650,000 options under the 2001 Equity Incentive Plan; •      860,000 options (ROCE) under the 2006 JHISE Long Term Incentive Plan; and •      818,000 options (TSR) under the 2006 JHISE 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 issued ordinary shares/CUFS upon satisfaction of certain conditions.
	Name of registered holder (if issued securities)			Louis Gries
	Date of change			7 June 2011 (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			Current interests in contracts are: •      1,452,609 Relative TSR RSUs; and •      360,267 Executive Incentive Program RSUs.
	Interest acquired			45,687 Executive Incentive Plan RSUs. These RSUs. A proportion of these RSUs will vest on 7 June 2013 depending on the Director’s scorecard rating between 0 and 100. These RSUs are granted pursuant to the 2006 JHISE Long Term Incentive Plan, as approved by shareholders at the 2010 Annual General Meeting.
	Interest disposed			Not applicable

+ See chapter 19 for defined terms.

01/01/2011

Appendix 3Y Page 2

Appendix 3Y
Change of Director’s Interest Notice

	Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation			No cash consideration was paid to exercise the Restricted Stock Units.
	Interest after change			Current interests in contracts are: •      1,452,609 Relative TSR RSUs; and •      405,954 Executive Incentive Program RSUs.

Part 3 — +Closed period

	Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?			No
	If so, was prior written clearance provided to allow the trade to proceed during this period?			Not applicable
	If prior written clearance was provided, on what date was this provided?			Not applicable

+ See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3