![]() ![]() ![]() ![]() James
Hardie Australia  Investor Presentation 
July 2014 
Exhibit 99.1   | 
 ![]() Disclaimer: 
This management presentation contains forward-looking statements. James Hardie
may from time to time make forward-looking statements in its periodic reports filed  
with 
or 
furnished 
to 
the 
SEC, 
on 
Forms 
20-F 
and 
6-K, 
in 
its 
annual 
reports 
to 
shareholders, 
in 
offering 
circulars, 
invitation 
memoranda 
and 
prospectuses, 
in 
media  
releases 
and 
other 
written 
materials 
and 
in 
oral 
statements 
made 
by 
the 
companys 
officers, 
directors 
or 
employees 
to 
analysts, 
institutional 
investors, 
existing 
and  
potential lenders, representatives of the media and others. Statements that are not
historical facts are forward-looking statements and such forward-looking statements  
are statements made pursuant to the Safe Harbor Provisions of the Private
Securities Litigation Reform Act of 1995.  Examples of forward-looking
statements include:    
statements 
about 
the 
companys 
future 
performance; 
 
projections 
of 
the 
companys 
results 
of 
operations 
or 
financial 
condition; 
 
statements 
regarding 
the 
companys 
plans, 
objectives 
or 
goals, 
including 
those 
relating 
to 
strategies, 
initiatives, 
competition, 
acquisitions, 
dispositions 
and/or 
its  
products; 
 
expectations 
concerning 
the 
costs 
associated 
with 
the 
suspension 
or 
closure 
of 
operations 
at 
any 
of 
the 
companys 
plants 
and 
future 
plans 
with 
respect 
to 
any  
such plants; 
 
expectations 
concerning 
the 
costs 
associated 
with 
the 
significant 
capital 
expenditure 
projects 
at 
any 
of 
the 
companys 
plants 
and 
future 
plans 
with 
respect 
to 
any  
such projects; 
 
expectations regarding the extension or renewal of the companys credit
facilities including changes to terms, covenants or ratios;   
expectations concerning dividend payments and share buy-backs; 
 
statements concerning the companys corporate and tax domiciles and structures
and potential changes to them, including potential tax charges;   
statements regarding tax liabilities and related audits, reviews 
and proceedings; 
 
statements regarding the possible consequences and/or potential outcome of the
legal proceedings brought against two of the companys subsidiaries by the  
New Zealand Ministry of Education and the potential product liabilities, if any,
associated with such proceedings;   
expectations about the timing and amount of contributions to Asbestos Injuries
Compensation Fund (AICF), a special purpose fund for the compensation of  
proven Australian asbestos-related personal injury and death claims; 
 
expectations concerning indemnification obligations; 
 
expectations concerning the adequacy of the companys warranty provisions and
estimates for future warranty-related costs;   
statements regarding the companys ability to manage legal and regulatory
matters (including but not limited to product liability, environmental, intellectual  
property and competition law matters) and to resolve any such pending legal and
regulatory matters within current estimates and in anticipation of certain third- 
party recoveries; and 
 
statements 
about 
economic 
conditions, 
such 
as 
changes 
in 
the 
US 
economic 
or 
housing 
recovery 
or 
changes 
in 
the 
market 
conditions 
in 
the 
Asia 
Pacific 
region,  
the 
levels 
of 
new 
home 
construction 
and 
home 
renovations, 
unemployment 
levels, 
changes 
in 
consumer 
income, 
changes 
or 
stability 
in 
housing 
values, 
the  
availability 
of 
mortgages 
and 
other 
financing, 
mortgage 
and 
other 
interest 
rates, 
housing 
affordability 
and 
supply, 
the 
levels 
of 
foreclosures 
and 
home 
resales,  
currency 
exchange 
rates, 
and 
builder 
and 
consumer 
confidence.   | 
 ![]() Disclaimer (continued): 
Words such as believe, 
anticipate, 
plan, 
expect, 
intend, 
target, 
estimate, 
project, 
predict, 
forecast, 
guideline, 
aim, 
will, 
should, 
likely, 
continue, 
may, 
objective, 
outlook 
and similar expressions are intended to identify forward-looking statements
but are not the exclusive means of identifying such statements.   Readers are
cautioned not to place undue reliance on these forward-looking statements and all such forward-looking statements are qualified in their entirety by  
reference to the following cautionary statements. 
Forward-looking statements are based on the companys current
expectations, estimates and assumptions and because forward-looking statements address future  
results, events and conditions, they, by their very nature, involve inherent risks
and uncertainties, many of which are unforeseeable and beyond the companys control.  
Such known and unknown risks, uncertainties and other factors may cause actual
results, performance or other achievements to differ materially from the anticipated  
results, performance or achievements expressed, projected or implied by these
forward-looking statements. These factors, some of which are discussed under Risk  
Factors 
in Section 3 of the Form 20-F filed with the Securities and Exchange Commission
on 26 June 2014, include, but are not limited to: all matters relating to or 
arising out of the prior manufacture of products that contained asbestos by current
and former James Hardie subsidiaries; required contributions to AICF, any shortfall  
in AICF and the effect of currency exchange rate movements on the amount recorded
in the companys financial statements as an asbestos liability; governmental loan  
facility to AICF; compliance with and changes in tax laws and treatments;
competition and product pricing in the markets in which the company operates; the  
consequences of product failures or defects; exposure to environmental, asbestos,
putative consumer class action or other legal proceedings; general economic and  
market conditions; the supply and cost of raw materials; possible increases in
competition and the potential that competitors could copy the companys products;  
reliance 
on 
a 
small 
number 
of 
customers; 
a 
customers 
inability 
to 
pay; 
compliance 
with 
and 
changes 
in 
environmental 
and 
health 
and 
safety 
laws; 
risks 
of 
conducting  
business internationally; compliance with and changes in laws and regulations; the
effect of the transfer of the companys corporate domicile from The Netherlands to  
Ireland, including changes in corporate governance and any potential tax benefits
related thereto; currency exchange risks; dependence on customer preference and  
the concentration of the companys customer base on large format retail
customers, distributors and dealers; dependence on residential and commercial construction  
markets; the effect of adverse changes in climate or weather patterns; possible
inability to renew credit facilities on terms favourable to the company, or at all;  
acquisition 
or 
sale 
of 
businesses 
and 
business 
segments; 
changes 
in 
the 
companys 
key 
management 
personnel; 
inherent 
limitations 
on 
internal 
controls; 
use 
of  
accounting estimates; and all other risks identified in the companys reports
filed with Australian, Irish and US securities agencies and exchanges (as appropriate). The  
company cautions you that the foregoing list of factors is not exhaustive and that
other risks and uncertainties may cause actual results to differ materially from those  
referenced in the companys forward-looking statements.
Forward-looking statements speak only as of the date they are made and are statements of the companys  
current expectations concerning future results, events and conditions. The company
assumes no obligation to update any forward-looking statements or information  
except as required by law.   | 
 ![]() Market continues to shift towards density 
119,000 
102,929 
30,240 
34,315 
25,670 
44,665 
2013/14f 
181,909 
2003/04 
174,910 
Detached 
High density 
Medium density 
A change in construction starts
 
Impacts addressable external wall area 
Insights 
 
Over the past 10 years,  
detached housing starts have  
decreased by ~ 15% whereas  
medium and high density have  
increased by ~ 40% 
 
This trend towards higher  
density building is impacting  
the external addressable wall  
area 
-9% 
A&A 
Detached 
Medium Density 
High Density 
 
The external addressable wall  
area has decreased by ~9% 
Source: ABS, HIA 
Source: Abraham Akra  
JH Market Analyst   | 
 ![]() Decline of brick 
Brick production: 10 year trend 
 
Brick production is down  
approximately 25% over  
the past decade due to: 
- 
Shift away from  
detached dwellings to  
density 
- 
Converting builders  
from double brick to  
frame construction 
- 
Growth of monolithic  
and other looks 
Insights 
Source: ABS   | 
 ![]() Several elements are impacting market dynamics 
Market demographics 
First time home buyers 
Density shift 
 
Population fragmenting 
- 
baby boomers  
downsizing 
- 
Non traditional  
families now the  
norm, different  
requirements 
- 
Land cost and  
availability mean  
developers looking  
to maximize yield 
 
Low interest rates  
driving increased  
investor activity  
local  
and overseas 
 
Credit still relatively  
tight for low income  
earners 
 
Will increase to above  
50% in the next few  
years in large metro  
centers 
 
Shift away from single  
detached housing to  
medium & high density 
 
Medium to high  
density currently sitting  
at 43% of all starts 
 
Increase toward inner  
city living 
Competitive intensity increasing  
i.e. More players, less to go  
after
 
 
First time home buyers  
are at an all time low 
 
Relative cost of house  
and land increasing   | 
 ![]() Key
elements of the Australian fibre cement market  End user segments 
Channel 
Suppliers & major  
players 
Australian Fibre Cement Market   | 
 ![]() JH
Channel   FY14 
Australian Fibre Cement Market  
JH Channel 
Building  
Supplies 
Independents 
AILD 
Internal linings 
Commercial and  
2 step players  
Commercial &  
2 Stepper 
- 
EXPORT 
- 
Frame & Truss 
- 
Plumbing 
- 
Manuf Housing 
- 
Walling Systems 
- 
Fencing Contract 
Other 
Big Box 
Key players of the JH Channel   | 
 ![]() JH
Top Line Growth  Top line growth 
 
The upswing in new  
construction has driven JH  
sales in FY14 and FY15 
Insights 
 
House price improvements  
along the east coast is  
expected to lift A&A  
activity and JH revenue in  
FY16 and FY17 
 
JH has enjoyed steady  
revenue growth over the  
last 8 years 
Source: ABS   | 
 ![]() Addressable JH Market Share 
External cladding 
Wet Area Internal Linings 
Source: Abraham Akra  
JH Market Analyst   | 
 ![]() Australian growth model 
Australian growth model 
 
Our model for growth is unique and sustainable,  
but investment intensive 
- 
Large market opportunity 
 
Our model differs greatly from other  
manufacturers or importers 
- 
Superior value proposition 
- 
Proprietary and/or protected technology 
- 
Ongoing commitment to research and  
development 
- 
Significant organisational advantages 
- 
Focused strategy and organisational effort 
- 
Scale   | 
 ![]() Australian primary demand model 
 
Increase fibre cement penetration by creating  
Smarter Way to Build 
solutions 
 
Accelerate uptake of lightweight / composite  
construction 
 
Engage with developers, designers, architects,  
builders and industry associations 
 
Leverage the unique JH Eco-System to  
accelerate industry change in design and  
construction and create new selling opportunities  
for our aligned partners 
Australian primary demand model   | 
 ![]() Driving Product Leadership 
Aust Product Launch recent History 
Linea 
Aquatec 
Scyon ™ 
Axon 
Stria 
Matrix 
Axent Trim 
Secura (Exterior) 
Secura (Interior) 
EasyLap 
express PVC Joiners 
Axon 400 
Stria Wide 
Hardiebreak 
Al Z Flashing 
ARChitectural Invibe & Inraw 
Axon Grained 
Stria Splayed 
Secura 22mm & 18*9 
Hardiewrap 
InRaw 
Splayed 
HardieWrap 
InVibe 
Recent products launched   | 
 ![]() James Hardie go to market 
Generating Demand 
Sustainable  
growth 
Increased OTW¹  
coverage 
Growth focused  
tools 
Targeting the right  
segments 
Differentiated  
products and  
systems 
1. 
OTW  
On The Wall 
The results   | 
 ![]() Renovation 
Mixed  
Commercial 
Attached 
Medium density 
Detached 
Targeted market segments 
Segments   | 
 ![]() Detached homes   | 
 ![]() Compact detached and semi detached housing   | 
 ![]() Medium density   | 
 ![]() Mixed commercial   | 
 ![]() Renovation   |