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 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		17 September 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 Interest
Nature of indirect interest		Not applicable
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change		19 February 2009
No. of securities held prior to change		•   20,000 fully paid ordinary shares/CUFS registered in the name of the Director; and
		•   442,000 options over unissued ordinary fully paid shares/CUFS.
Class		Fully paid ordinary shares/CUFS
Number acquired		5,000
Number disposed		Nil
Value/Consideration		$16,800
Note: If consideration is non-cash, provide details and estimated valuation

+ 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		•   25,000 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 22 August 2005;
		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		On—market trade on the ASX.
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

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		Not applicable
(if issued securities)
Date of change		Not applicable
No. and class of securities to which interest related prior to change		Not applicable
Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired		Not applicable
Interest disposed		Not applicable
Value/Consideration		Not applicable
Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change		Not applicable. Retains interest in 108,637 Relative TSR Restricted Stock Units under the 2006 JHINV Long Term Incentive Plan previously notified to the ASX.

+ See chapter 19 for defined terms.

Appendix 3Y Page 2		11/3/2002