Exhibit 99.1

Appendix 3Z
Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

     
Name of director

Mr. Peter Donald Macdonald
     
Date of last notice

11 March 2004
     
Date that director ceased to be director

22 October 2004

Part 1 — Director’s relevant interests in securities of which the director is the registered holder

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.

 
Number & class of securities

428,600 fully paid shares/CUFS

3,774,000 options

 

+    See chapter 19 for defined terms.

     
11/3/2002   Appendix 3Z Page 1

 

 

Appendix 3Z
Final Director’s Interest Notice

Part 2 — Director’s relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

     
Name of holder & nature of interest
 
Note: Provide details of the circumstances giving rise to the relevant interest.		   Number & class of Securities
     
Deirdre Macdonald (in trust for son
Liam Macdonald)		   190 fully paid shares/CUFS
     
Deirdre Macdonald (in trust for son
Rory Macdonald)		   190 fully paid shares/CUFS

Part 3 — Director’s interests in contracts

     
Detail of contract    
     
Nature of interest    
     
Name of registered holder
(if issued securities)		    
     
No. and class of securities to
which interest relates		    

 

+    See chapter 19 for defined terms.

     
Appendix 3Z Page 2   11/3/2002