Exhibit 99.3
James Hardie Industries SE
Europa House 2nd Floor, Harcourt Centre
Harcourt Street, Dublin 2, Ireland
T: +353 (0) 1 411 6924
F: +353 (0) 1 497 1128
14 July 2011
The Manager
Company Announcements Office
Australian Securities Exchange Limited
20 Bridge Street
SYDNEY NSW 2000
Lodgement with NYSE Section 303A Foreign Private Issuer Annual Written Affirmation
The attached document was lodged overnight with the NYSE on 13 July 2011. It is required to be
lodged annually within 30 days of the date a company files its annual report on Form 20-F with the
U.S. Securities and Exchange Commission.
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Yours faithfully |
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/s/ Marcin Firek
Marcin Firek
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Company Secretary |
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James Hardie Industries SE is a limited liability company incorporated in Ireland with its
registered office at Europa House, Harcourt Centre, Harcourt Street, Dublin 2, Ireland.
Directors: Michael Hammes (Chairman), Brian Anderson (USA), David Dilger, David Harrison (USA),
James Osborne, Donald McGauchie (Australia), Rudy van deer Meer (Netherlands).
Chief Executive Officer: Louis Gries
Company number: 485719
Form Last Updated by the NYSE on January 4, 2010
Foreign Private Issuer
Section 303A
Annual Written Affirmation
James Hardie Industries SE (JHX) (theCompany) has checked the appropriate box:
(Insert Company name and ticker symbol)
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The Company hereby affirms the following to the New York Stock Exchange (NYSE)
without qualification: |
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Subject to any noncompliance that is specifically described on Exhibit
A1 to this Annual Written Affirmation, the Company hereby affirms the
following to the NYSE2: |
A. Audit Committee (Section 303A.063)
The Company has an audit committee meeting the requirements of Securities Exchange Act Rule 10A-3
(Rule 10A-3) or is exempt therefrom. If the Company has an audit committee, each member meets the
Rule 10A-3(b)(1) independence requirements or is exempt therefrom.
If the Company or an individual member of the audit committee is relying on a Rule 10A-3 exemption,
a brief description of the basis for such reliance, a citation to the relevant portion of Rule
10A-3 and the name of the individual relying on the exemption, if applicable, is provided on
Exhibit B. If the Company or an individual member of its audit committee is not relying on
an exemption, the Company has indicated Not Applicable on Exhibit B.
Attached on Exhibit C is a list of the current members of the audit committee. Each audit
committee member deemed independent is marked with an asterisk and, if an audit committee member is
claiming a Rule 10A-3 exemption, the exemption claimed is noted on Exhibit C.
The following information is provided on Exhibit C for each member of the audit committee
who is also a director of the Company4:
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brief biography; |
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share ownership in the Company*; |
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brief description of any direct or indirect consulting, advisory or other compensatory fee
arrangement with the Company or any of its subsidiaries as specified in Rule 10A-3(b)(1)(ii)(A)*; |
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The Company must provide detailed disclosure on Exhibit A noting which standard it is not in
compliance with, the reason for such noncompliance and a specific timetable for its return to
compliance.
If this Annual Written Affirmation has been signed by the Companys CEO, the Company need not also
submit a notice of noncompliance as required by Section 303A.12(b). |
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If the Company is unable to execute this Annual Written Affirmation without
qualification, it must check this box. |
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Section 303A.06 incorporates the requirements of Rule 10A-3 promulgated by the U.S.
Securities and Exchange Commission under the Securities Exchange Act of 1934. |
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If any or all such information is available through a U.S. Securities and Exchange
Commission filing, the Company can specify the location of such disclosure on Exhibit C in lieu of restating the
information. |
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Form Last Updated by the NYSE on January 4, 2010
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indication of whether the audit committee member is an affiliated person of the
Company or any of its subsidiaries as specified in Rule 10A-3(b)(1)(ii)(B)*. |
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The Company has indicated on Exhibit C if the audit committee member does not own any
shares of the Company, does not have any fee arrangements with the Company or its subsidiaries
and/or is not an affiliated person of the Company or its subsidiaries. |
B. Statement of Significant Differences (Section 303A.11)
If the Company is required to file an annual report on Form 20-F with the U.S. Securities and
Exchange Commission:
The Company has included the statement of significant corporate governance differences required by
Section 303A.11 in its
Form 20-F. Attached on Exhibit B is the reference to where the
disclosure has been made.
All other foreign private issuers:
The Company has i) included the statement of significant corporate governance differences required
by Section 303A.11 in its annual report filed with the U.S. Securities and Exchange Commission or
ii) made the statement of significant corporate governance differences available on or through its
website and disclosed that fact and provided the website address in its annual report. Attached on
Exhibit B is the reference to the document in which the disclosure has been made or the
website address and reference to the document in which disclosure has been made.
Certification
This Affirmation is signed by a duly authorized officer of, and on behalf of
James Hardie Industries SE
(Name of Company)
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By:
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/s/ Marcin Firek |
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Print Name:
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Marcin Firek |
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Title:
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Company Secretary |
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Date:
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July 13, 2011 |
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There is no specified form for Exhibit A or Exhibit C. The form of Exhibit B
is specified and is available on www.nyx.com.
This affirmation may be submitted electronically through egovdirect.com. Alternatively, the
completed form may be emailed, faxed or mailed to:
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Email:
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[email protected] |
Fax:
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212.656.5780 |
Mail:
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Corporate Compliance Department |
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NYSE Regulation, Inc. |
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20 Broad Street, 13th Floor |
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New York, NY 10005 |
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Telephone: 212.656.4542 |
Note: THE NYSE WILL NOT ACCEPT IF RETYPED, MODIFIED OR IF ANY TEXT OR FOOTNOTES
ARE DELETED. If you have any questions regarding applicability to your Companys circumstances,
please call the Corporate Compliance department prior to submission.
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James Hardie Industries SE
Europa House 2nd Floor, Harcourt Centre
Harcourt Street, Dublin 2, Ireland
T: +353 (0) 1 411 6924
F: +353 (0) 1 497 1128
July 13, 2011
Corporate Governance Department
NYSE Regulation, Inc.
SECTION 303A ANNUAL WRITTEN AFFIRMATION
EXHIBIT A
The Company has executed this Annual Written Affirmation without qualification and is not
required to describe any non-compliance in this Exhibit A.
Regards,
Marcin Firek
Company Secretary
James Hardie Industries SE is a limited liability company incorporated in Ireland with its registered office at
Europa House, Harcourt Centre, Harcourt Street, Dublin 2, Ireland.
Directors: Michael Hammes (Chairman), Brian Anderson (USA), David Dilger, David Harrison (USA), James
Osborne, Donald McGauchie (Australia), Rudy van deer Meer (Netherlands).
Chief Executive Officer: Louis Gries
Company number: 485719
Form Last Updated by the NYSE on January 4, 2010
Exhibit B to
Foreign Private Issuer
Section 303A Annual Written Affirmation
Company name and ticker symbol: James Hardie Industries SE (JHX)
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Section 303A.06 |
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Disclosure Location |
Securities Exchange Act Rule 10A-3 |
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Name of document/page number |
(Rule 10A-3) Audit Committee |
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Applicable |
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Required Rule 10A-3 |
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where disclosure is located, if |
Requirements |
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Exemption |
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Disclosure |
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applicable |
State in column (2) whether the
Company or any individual member
of its audit committee is relying
on a Rule 10A-3 exemption and
provide a brief description of
the basis for such reliance, a
citation to the relevant portion
of Rule 10A-3 and the name of the
individual relying on the
exemption, if applicable.
If the Company or an individual
is not relying on a Rule 10A-3
exemption, indicate Not
Applicable in Column (2).
For ease of reference, a brief
description of the available Rule
10A-3 exemptions is provided on
page 3.
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Rule
10A-3(b)(1)(iv)(B)
exemption is
applicable to Mr.
David Dilger as he
is an independent
director of the
Company who also
serves on the board
of directors of a
number of
affiliates of the
Company. Such
service has been
approved by the
Board of the
Company.
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Disclose the
following in the
Companys Form 10-K,
20-F or 40-F filed
with the U.S.
Securities and
Exchange Commission
if required by Rule
10A-3(d):
Exemption relied
upon
Assessment of
whether, and if so,
how, such reliance
would materially
adversely affect the
ability of the audit
committee to act
independently and to
satisfy the other
requirements of Rule
10A-3.
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Disclosed on page 65 of the
Form 20-F for the fiscal year
ended March 31, 2011. |
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If the Company or an
individual is relying
on a Rule 10A-3
exemption that is
required to be
disclosed, provide a
specific reference to
the location of such
disclosure in column
(4).
For ease of
reference, an
indication of whether
disclosure is
required is provided
on page 3. |
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Form Last Updated by the NYSE on January 4, 2010
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Disclosure Location |
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Name of document/page number where |
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disclosure is located |
Section 303A.11 |
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URL of Company website and link to specific |
Significant Corporate Governance Differences |
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Required Location |
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web page, if applicable |
Disclose the significant ways in which
the Companys corporate governance
practices differ from those followed by
a domestic company under NYSE standards.
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For a company required to file a Form
20-F with the U.S. Securities and
Exchange Commission:
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Page 73 of the Companys Annual Report on
Form 20-F filed with the SEC on June 30,
2011. |
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Annual report on Form 20-F filed
with the U.S. Securities and Exchange
Commission |
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For all other foreign private issuers: |
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Annual report on Form 10-K or 40-F
filed with the U.S. Securities and
Exchange Commission or |
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Company website. If the disclosure
is made on or through the Companys
website, the Company must disclose
that fact in its annual report filed
with the U.S. Securities and Exchange
Commission and provide the website
address. |
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Form Last Updated by the NYSE on January 4, 2010
Rule 10A-3 exemptions for a foreign private issuer1:
Rule 10A-3(b)(1)(iv)(A) This provision provides a transitional exemption for a company listing
in connection with an initial public offering of securities. 2
Rule 10A-3(b)(1)(iv)(B) This provision provides an exemption to allow an otherwise
independent director who serves on the board of directors of both a listed company and an affiliate
to serve on the audit committee of the listed company.3
Rule 10A-3(b)(1)(iv)(C) This provision provides an exemption to allow an employee who is not an
executive officer to serve on the audit committee if elected/named to the board or the audit
committee pursuant to the listed companys governing law or documents, an employee collective
bargaining agreement or other similar agreement or other home country legal or listing
requirements.2
Rule 10A-3(b)(1)(iv)(D) This provision provides an exemption to allow a director who is an
affiliate of or a representative of an affiliate of the listed company to be a member of the audit
committee to the extent that the director is not a voting member or chairperson of the audit
committee and to the extent that neither the director nor the affiliate the director represents is
an executive officer of the company.2
Rule 10A-3(b)(1)(iv)(E) This provision provides an exemption for a director who is the
representative or designee of a foreign government or foreign governmental entity that is an
affiliate of the company to the extent the director is not an executive officer of the
company.2
Rule 10A-3(b)(1)(iv)(F) This provision provides that the U.S. Securities and Exchange Commission
may grant a director an exemption from the independence requirements of Rule 10A-3.2
Rule 10A-3(c)(1) This provision provides a general exemption from the requirement to have an
audit committee where the company is listing securities but satisfies the requirements of Rule
10A-3 with respect to another class of securities already listed on a national securities exchange
or national securities association.3
Rule 10A-3(c)(2) This provision provides a general exemption from the requirement to have an
audit committee for subsidiaries that are listed on a national securities exchange or market where
the subsidiarys parent company satisfies the requirements of Rule 10A-3 with respect to a class of
equity securities already listed on a national securities exchange or market and the subsidiary:
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is directly or indirectly consolidated by the parent; or |
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is at least 50% beneficially owned. |
This exemption does not apply to a subsidiary that has issued equity securities, other than
non-convertible, non-participating preferred securities.3
Rule 10A-3(c)(3) This provision provides a general exemption from the requirement to have an
audit committee for a company that meets the following requirements:
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The company has a board of auditors (or similar body) or has statutory auditors,
established and selected pursuant to home country legal or listing provisions. |
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The board or body, or statutory auditors, is required by home country legal or listing
requirements to be either: (A) separate from the board of directors; or (B) composed of one
or more members of the board of directors and one or more members that are not also members
of the board of directors. |
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The board or body, or statutory auditors, are not elected by management of the company
and no executive officer of the company is a member of such board or body or statutory
auditor. |
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Home country legal or listing provisions set forth or provide for standards for the
independence of such board or body, or statutory auditors, from the company or its
management. |
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Such board or body, or statutory auditors, in accordance with any applicable home
country legal or listing requirements or the companys governing documents, are
responsible, to the extent permitted by law, for the appointment, retention and oversight
of the work of any public accounting firm engaged for the purpose of preparing or issuing
an audit report or performing other audit, review or attest services for the company. |
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The audit committee requirements of paragraphs 10A-3(b)(3) (Complaint procedures),
10A-3(b)(4) (Authority to engage advisors) and 10A-3(b)(5) (Funding) apply to the extent
permitted by law.2 |
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This summary of the provisions of Rule 10A-3 is provided for convenience only. It is
not a verbatim statement of those rules and is intended solely to assist in understanding potential
exemptions. This summary should not under any circumstances be relied upon as an authoritative
statement of Rule 10A-3. |
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A company is required to disclose reliance on this exemption in its annual report
filed with the U.S. Securities and Exchange Commission. |
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A company is not required to disclose reliance on this exemption in its annual report
filed with the U.S. Securities and Exchange Commission. |
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James Hardie Industries SE
Europa House 2nd Floor, Harcourt Centre
Harcourt Street, Dublin 2, Ireland
T: +353 (0) 1 411 6924
F: +353 (0) 1 497 1128
July 13, 2011
Corporate Governance Department
NYSE Regulation, Inc.
SECTION 303A ANNUAL WRITTEN AFFIRMATION
EXHIBIT C
The current Audit Committee members of James Hardie Industries SE (the Company) are:
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Mr. Brian Anderson* (Committee Chairman) |
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Mr. Michael Hammes*; |
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Mr. David Harrison*; and |
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Mr. David Dilger* |
Biographical information, director compensation and disclosure regarding Company share ownership
for each of these Audit committee members can be found on pages 24 25, 62 and 133 134,
respectively, in the Companys Form 20-F annual report as filed with the U.S. Securities and
Exchange Commission on June 30, 2011 (the 2011 20-F).
Each audit committee member deemed independent has been marked with an asterisk (*). A Rule
10A-3(b)(1)(iv)(B) exemption is applicable to Mr. David Dilger as he is an independent director
of the Company who also serves on the board of directors of a number of affiliates of the
Company. Such service has been approved by the Board of the Company.
Other than as disclosed on page 62 in the 2011 20-F pertaining to director compensation and
the Rule 10A-3 exemption noted above, the Company does not have any existing business
relationships or fee arrangements with members of the Audit Committee.
The Companys 2011 20-F is accessible on the SECs website via the EDGAR system at
www.sec.gov.
Regards,
Marcin Firek
Company Secretary
James Hardie Industries SE is a limited liability company incorporated in Ireland with its registered office at
Europa House, Harcourt Centre, Harcourt Street, Dublin 2, Ireland.
Directors: Michael Hammes (Chairman), Brian Anderson (USA), David Dilger, David Harrison (USA), James
Osborne, Donald McGauchie (Australia), Rudy van deer Meer (Netherlands).
Chief Executive Officer: Louis Gries
Company number: 485719