1

⁺Class of ⁺securities issued or to be issued

Ordinary shares/CUFS issued on vesting of Restricted Stock Units (RSUs).

2

Number of ⁺securities issued or to be issued (if known) or maximum number which may be issued

RSUs vesting: 714 ordinary shares/CUFS.

3

Principal terms of the ⁺securities (e.g. if options, exercise price and expiry date; if partly paid ⁺securities, the amount outstanding and due dates for payment; if ⁺convertible securities, the conversion price and dates for conversion)

RSUs vesting: 714 ordinary shares/CUFS issued on vesting of RSUs.

 + See chapter 19 for defined terms.

 04/03/2013

4

Do the ⁺securities rank equally in all respects from the ⁺issue date with an existing ⁺class of quoted ⁺securities?

If the additional ⁺securities do not rank equally, please state:

the date from which they do

the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

5

No amount payable.

6

Purpose of the issue

(If issued as consideration for the acquisition of assets, clearly identify those assets)

Vesting of RSUs pursuant to the James Hardie Industries 2001 Equity Incentive Plan (2001 Plan).

6a

Is the entity an ⁺eligible entity that has obtained security holder approval under rule 7.1A?

If Yes, complete sections 6b – 6h in relation to the ⁺securities the subject of this Appendix 3B, and comply with section 6i

No. Equity securities issued under the 2001 Plan are no longer the subject of security holder approval.

6b

The date the security holder resolution under rule 7.1A was passed

6c

Number of ⁺securities issued without security holder approval under rule 7.1

6d

Number of ⁺securities issued with security holder approval under rule 7.1A

6e

Number of ⁺securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)

 + See chapter 19 for defined terms.

 Appendix 3B Page 2

6f

Number of ⁺securities issued under an exception in rule 7.2

Not applicable

6g

If ⁺securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the ⁺issue date and both values. Include the source of the VWAP calculation.

6h

If ⁺securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements

6i

Calculate the entity’s remaining issue capacity under rule 7.1 and rule 7.1A – complete Annexure 1 and release to ASX Market Announcements

66,509,655 (Annexure 1 attached)

7

⁺Issue dates

Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A.

Cross reference: item 33 of Appendix 3B.

8

Number and ⁺class of all ⁺securities quoted on ASX (including the ⁺securities in section 2 if applicable)

9

Number and ⁺class of all ⁺securities not quoted on ASX (including the ⁺securities in section 2 if applicable)

   104,027

   701,810

3,347,644

3,039 2001 Plan RSUs have been cancelled.

No 2006 Plan RSUs have been cancelled.

No Stock Options have been cancelled.

2001 Plan Options

2001 Plan RSUs

2006 Plan RSUs

 + See chapter 19 for defined terms.

 04/03/2013

10

Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

11

Is security holder approval required?

12

Is the issue renounceable or non-renounceable?

13

Ratio in which the ⁺securities will be offered

14

⁺Class of ⁺securities to which the offer relates

15

⁺Record date to determine entitlements

16

Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?

17

Policy for deciding entitlements in relation to fractions

18

Names of countries in which the entity has security holders who will not be sent new offer documents

Note: Security holders must be told how their entitlements are to be dealt with.

Cross reference: rule 7.7.

19

Closing date for receipt of acceptances or renunciations

20

Names of any underwriters

21

Amount of any underwriting fee or commission

 + See chapter 19 for defined terms.

 Appendix 3B Page 4

22

Names of any brokers to the issue

23

Fee or commission payable to the broker to the issue

24

Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of security holders

25

If the issue is contingent on security holders’ approval, the date of the meeting

26

Date entitlement and acceptance form and offer documents will be sent to persons entitled

27

If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders

28

Date rights trading will begin (if applicable)

29

Date rights trading will end (if applicable)

30

How do security holders sell their entitlements in full through a broker?

31

How do security holders sell part of their entitlements through a broker and accept for the balance?

32

How do security holders dispose of their entitlements (except by sale through a broker)?

33

⁺Issue date

 + See chapter 19 for defined terms.

 04/03/2013

34

Type of ⁺securities

(tick one)

(a)

⁺Securities described in Part 1

(b)

All other ⁺securities

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

35

If the ⁺securities are ⁺equity securities, the names of the 20 largest holders of the additional ⁺securities, and the number and percentage of additional ⁺securities held by those holders

36

If the ⁺securities are ⁺equity securities, a distribution schedule of the additional ⁺securities setting out the number of holders in the categories

1 - 1,000

1,001 - 5,000

5,001 - 10,000

10,001 - 100,000

100,001 and over

37

A copy of any trust deed for the additional ⁺securities

38

Number of ⁺securities for which ⁺quotation is sought

39

⁺Class of ⁺securities for which quotation is sought

 + See chapter 19 for defined terms.

 Appendix 3B Page 6

Do the ⁺securities rank equally in all respects from the ⁺issue date with an existing ⁺class of quoted ⁺securities?

Not applicable

If the additional ⁺securities do not rank equally, please state:

the date from which they do

the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

Reason for request for quotation now

Example: In the case of restricted securities, end of restriction period

(if issued upon conversion of another ⁺security, clearly identify that other ⁺security)

Not applicable

Number and ⁺class of all ⁺securities quoted on ASX (including the ⁺securities in clause 38)

 + See chapter 19 for defined terms.

 04/03/2013

⁺Quotation of our additional ⁺securities is in ASX’s absolute discretion. ASX may quote the ⁺securities on any conditions it decides.

We warrant the following to ASX.

The issue of the ⁺securities to be quoted complies with the law and is not for an illegal purpose.

There is no reason why those ⁺securities should not be granted ⁺quotation.

An offer of the ⁺securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any ⁺securities to be quoted and that no-one has any right to return any ⁺securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the ⁺securities be quoted.

If we are a trust, we warrant that no person has the right to return the ⁺securities to be quoted under section 1019B of the Corporations Act at the time that we request that the ⁺securities be quoted.

We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.

We give ASX the information and documents required by this form. If any information or document is not available now, we will give it to ASX before ⁺quotation of the ⁺securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

 + See chapter 19 for defined terms.

 Appendix 3B Page 8

Rule 7.1 – Issues exceeding 15% of capital

Step 1: Calculate “A”, the base figure from which the placement capacity is calculated

Insert number of fully paid ⁺ordinary securities on issue 12 months before the ⁺issue date or date of agreement to issue

445,680,673

Add the following:

•

Number of fully paid ⁺ordinary securities issued in that 12 month period with shareholder approval

Not applicable

•

Number of partly paid ⁺ordinary securities that became fully paid in that 12 month period

Not applicable

Subtract the number of fully paid ⁺ordinary securities cancelled during that 12 month period

   (1,653,247)

“A”

445,580,065

 + See chapter 19 for defined terms.

 04/03/2013

Step 2: Calculate 15% of “A”

“B”

0.15

[Note: this value cannot be changed]

Multiply “A” by 0.15

66,837,009

Step 3: Calculate “C”, the amount of placement capacity under rule 7.1 that has already been used

Insert number of ⁺equity securities issued or agreed to be issued in that 12 month period not counting those issued:

327,354

•

•

•

“C”

327,354

Step 4: Subtract “C” from [“A” x “B”] to calculate remaining placement capacity under rule 7.1

“A” x 0.15

Note: number must be same as shown in Step 2

66,837,009

Subtract “C”

Note: number must be same as shown in Step 3

    (327,354)

Total [“A” x 0.15] – “C”

66,509,655

[Note: this is the remaining placement capacity under rule 7.1]

 + See chapter 19 for defined terms.

 Appendix 3B Page 10

Rule 7.1A – Additional placement capacity for eligible entities

Step 1: Calculate “A”, the base figure from which the placement capacity is calculated

“A”

Note: number must be same as shown in Step 1 of Part 1

Not applicable

Step 2: Calculate 10% of “A”

“D”

0.10

Note: this value cannot be changed

Multiply “A” by 0.10

Not applicable

Step 3: Calculate “E”, the amount of placement capacity under rule 7.1A that has already been used

Insert number of ⁺equity securities issued or agreed to be issued in that 12 month period under rule 7.1A

Notes:

Not applicable

“E”

Not applicable

 + See chapter 19 for defined terms.

 04/03/2013

Step 4: Subtract “E” from [“A” x “D”] to calculate remaining placement capacity under rule 7.1A

“A” x 0.10

Note: number must be same as shown in Step 2

Not applicable

Subtract “E”

Note: number must be same as shown in Step 3

Not applicable

Total [“A” x 0.10] – “E”

Not applicable

Note: this is the remaining placement capacity under rule 7.1A

 + See chapter 19 for defined terms.

 Appendix 3B Page 12