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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>As filed with the Securities and Exchange Commission on August&nbsp;21, 2009</B>
</DIV>


<DIV align="right" style="font-size: 10pt; margin-top: 3pt"><B>Registration No.&nbsp;333-</B>
</DIV>


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM S-8</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>REGISTRATION STATEMENT<BR>
UNDER THE SECURITIES ACT OF 1933</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></B>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B><FONT style="border-bottom: 1px solid #000000"> JAMES HARDIE INDUSTRIES N.V.</FONT></B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
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<TR valign="bottom">
    <TD align="center" valign="top"><B>The Netherlands</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>Not Applicable</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction of incorporation
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(IRS Employer</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">or organization)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Identification Number)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Atrium, 8</B><SUP style="font-size: 85%; vertical-align: text-top"><B>th</B></SUP><B> Floor<BR>
Strawinskylaan 3077</B><BR>
<FONT style="border-bottom: 1px solid #000000"> <B>1077 ZX Amsterdam, The Netherlands</B></FONT><BR>
(Address of Principal Executive Offices<B>)</B></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><FONT style="border-bottom: 1px solid #000000"><B>James Hardie Industries NV Long Term Incentive Plan 2006</B></FONT><BR>
(Full title of the Plan)</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Russell Chenu<BR>
Chief Financial Officer<BR>
JAMES HARDIE INDUSTRIES N.V.<BR>
Atrium, 8</B><SUP style="font-size: 85%; vertical-align: text-top"><B>th</B></SUP><B> Floor<BR>
Strawinskylaan 3077<BR>
1077 ZX Amsterdam, The Netherlands</B><BR>
<DIV style="margin-top: 1px"><FONT style="border-top: 1px solid #000000">(Name and address of agent for service)</FONT></DIV></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>31 20 301 2980</B><BR>
<DIV style="margin-top: 1px"><FONT style="border-top: 1px solid #000000">Telephone number, including area code, of agent for service</FONT></DIV></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a
non-accelerated filer, or a smaller reporting company. See the definitions of &#147;large accelerated
filer,&#148; &#147;accelerated filer&#148; and &#147;smaller reporting company&#148; in Rule&nbsp;12b-2 of the Exchange Act.
(Check one):
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="22%"></TD>
    <TD width="3%"></TD>
    <TD width="22%"></TD>
    <TD width="3%"></TD>
    <TD width="22%"></TD>
    <TD width="3%"></TD>
    <TD width="22%"></TD>
</TR>
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<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">Large accelerated filer <FONT face="Wingdings">&#254;</FONT>&nbsp;&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Accelerated filer <FONT face="Wingdings">&#111;</FONT>&nbsp;&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Non-accelerated filer <FONT face="Wingdings">&#111;</FONT>&nbsp;&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">Smaller reporting company <FONT face="Wingdings">&#111;</FONT></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><FONT style="white-space: nowrap">(Do not check if a smaller reporting company)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CALCULATION OF REGISTRATION FEE</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="29%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="21%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="19%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="11%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>
</TR><TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="15" style="border-bottom: 3px double #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Proposed maximum</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center"><B>Title of shares</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Amount to be</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>offering price per</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Proposed maximum</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center"><B>to be registered</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>registered</B>&nbsp;<SUP style="font-size: 85%; vertical-align: text-top">(1)</SUP></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>share/obligation</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>aggregate offering price</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Amount of registration fee</B></TD>
    <TD width="1%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD width="1%" style="border-top: 2px solid #000000">&nbsp;</TD>
                    <TD style="border-top: 2px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">Common Stock, par
value EUR 0.59 per
share, to be issued
under the LTIP</DIV></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 2px solid #000000">4,826,099 shares</TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 2px solid #000000">$4.79<SUP style="font-size: 85%; vertical-align: text-top">(2)</SUP></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 2px solid #000000">$23,117,014<SUP style="font-size: 85%; vertical-align: text-top">(2)</SUP></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 2px solid #000000">$1,289.93</TD>
    <TD width="1%" style="border-top: 2px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD width="1%" style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">Common Stock, par
value EUR 0.59 per
share, to be issued
pursuant to
previously granted
options under the
LTIP</DIV></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 2px solid #000000">1,000 shares</TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 2px solid #000000">$6.40<SUP style="font-size: 85%; vertical-align: text-top">(3)</SUP></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 2px solid #000000">$6,400<SUP style="font-size: 85%; vertical-align: text-top">(3)</SUP></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 2px solid #000000">$0.36</TD>
    <TD width="1%" style="border-top: 2px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="15" style="border-top: 3px double #000000">&nbsp;</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 3pt; width: 18%; border-top: 0px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">(1)</TD>
    <TD>&nbsp;</TD>
    <TD>Represents 4,826,099 shares of the Registrant&#146;s Common Stock, par value EUR 0.59 per share
(the &#147;Common Stock&#148;) available for future issuance in accordance with the James Hardie Industries
NV Long Term Incentive Plan 2006 (the &#147;LTIP&#148;) and 1,000 shares of Common Stock to be issued
pursuant to previously issued options under the LTIP; and, pursuant to Rule 416(a) under the
Securities Act of 1933, as amended (the &#147;Securities Act&#148;), such indeterminate number of additional
shares of Common Stock as may be issued to prevent dilution resulting from stock splits, stock
dividends or similar transactions. CHESS Units of Foreign Securities (&#147;CUFS&#148;) issuable upon
deposit of one (1)&nbsp;share of Common Stock and American Depositary Shares evidenced by American
Depositary Receipts (&#147;ADRs&#148;) issuable upon deposit of five (5)&nbsp;CUFS have been registered under a
separate registration statement.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(2)</TD>
    <TD>&nbsp;</TD>
    <TD>Estimated solely for the purpose of determining the amount of the registration fee
pursuant to Rules 457(c) and (h)&nbsp;under the Securities Act based on one-fifth of the average of the
high and low reported prices of the Registrant&#146;s ADRs on the New York Stock Exchange on August&nbsp;17,
2009. Each ADR is equal to five (5)&nbsp;shares of Common Stock and the average of the high and low
reported price for one ADR was $23.96 on August&nbsp;17, 2009.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left">(3)</TD>
    <TD>&nbsp;</TD>
    <TD>Estimated solely for the purpose of calculating the registration fee in accordance with
Rule 457(h) of the Securities Act on the basis of the exercise price of A$7.83 per share for each
such option outstanding under the LTIP, which converts into $6.40 at the August&nbsp;17, 2009 exchange
rate of A$1.2285 to $1.0000.</TD>
</TR>

</TABLE>



<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>





<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<!-- TOC -->
<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

<P><CENTER>
<TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
<TR>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
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	<TD width="76%"></TD>
</TR>
<TR><TD colspan="9"><A HREF="#000">PART I. INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#002">Item&nbsp;3. Incorporation of Documents by Reference</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#003">Item&nbsp;4. Description of Securities</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#004">Item&nbsp;5. Interests of Named Experts and Counsel</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#005">Item&nbsp;6. Indemnification of Directors and Officers</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#006">Item&nbsp;7. Exemption from Registration Claimed</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#007">Item&nbsp;8. Exhibits</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#008">Item&nbsp;9. Undertakings</A></TD></TR>
<TR><TD colspan="9"><A HREF="#009">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#010">EXHIBIT INDEX</A></TD></TR>
<TR><TD colspan="9"><A HREF="a53566exv4w2.htm">EXHIBIT 4.2</A></TD></TR>
<TR><TD colspan="9"><A HREF="a53566exv5w1.htm">EXHIBIT 5.1</A></TD></TR>
<TR><TD colspan="9"><A HREF="a53566exv23w1.htm">EXHIBIT 23.1</A></TD></TR>
<TR><TD colspan="9"><A HREF="a53566exv23w2.htm">EXHIBIT 23.2</A></TD></TR>
</TABLE>
</CENTER>
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>







<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>INTRODUCTION</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This registration statement (&#147;Registration Statement&#148;) on Form S-8 is filed by James Hardie
Industries N.V. (the &#147;Company&#148; or the &#147;Registrant&#148;), relating to 4,827,099 shares of the Company&#146;s
common stock, par value EUR 0.59 per share (the &#147;Common Stock&#148;), to be offered and sold under the
James Hardie Industries NV Long Term Incentive Plan 2006.
</DIV>

<!-- link1 "PART I. INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS" -->
<DIV align="left"><A NAME="000"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART I.<BR>
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The information required by Part&nbsp;I and to be contained in the Section 10(a) prospectus is
omitted from this filing in accordance with the provisions of Rule&nbsp;428 of the Securities Act of
1933, as amended (the &#147;Securities Act&#148;), and the introductory Note to Part&nbsp;I of Form S-8.
</DIV>

<!-- link1 "PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT" -->
<DIV align="left"><A NAME="001"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART II.<BR>
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>
</DIV>

<!-- link2 "Item&nbsp;3. Incorporation of Documents by Reference" -->
<DIV align="left"><A NAME="002"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;3. Incorporation of Documents by Reference.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We hereby incorporate by reference into this Registration Statement the following documents
previously filed with the Securities and Exchange Commission (the &#147;Commission&#148;):
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>our Annual Report on Form 20-F for the fiscal year ended March&nbsp;31, 2009,
filed with the Commission on June&nbsp;25, 2009;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all other reports filed by us pursuant to Section 13(a) or 15(d) of the
Exchange Act since the fiscal year ended March&nbsp;31, 2009; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the description of our Common Stock contained in our Registration Statement
on Form 20-F/A filed on October&nbsp;1, 2001 (File No.&nbsp;001-15240), together with any
amendment or report filed for the purposes of updating that description.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, all documents and reports subsequently filed by the
Registrant with the
Commission pursuant to Sections&nbsp;13(a), 13(c), 14, or 15(d) of the Securities and Exchange Act of
1934 (the &#147;Exchange Act&#148;), after the date hereof and prior to the filing of a post-effective
amendment to this Registration Statement which indicates that all securities offered hereunder have
been sold or which deregisters all securities then remaining unsold, shall be deemed to be
incorporated by reference into this Registration Statement and to be a part hereof from the date of
filing of such documents. Any statement contained in a document incorporated or deemed to be
incorporated by reference in this Registration Statement shall be deemed to be modified or
superseded for purposes of this Registration Statement to the extent that a statement contained in
this Registration Statement, or in any subsequently filed document which also is or is deemed to be
incorporated by reference in this Registration Statement, modifies or supersedes such statement.
Any such statement so modified or superseded shall not be deemed, except as so modified or
superseded, to constitute a part of this Registration Statement.
</DIV>
<!-- link2 "Item&nbsp;4. Description of Securities" -->
<DIV align="left"><A NAME="003"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;4. Description of Securities.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</DIV>

<!-- link2 "Item&nbsp;5. Interests of Named Experts and Counsel" -->
<DIV align="left"><A NAME="004"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;5. Interests of Named Experts and Counsel.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</DIV>

<!-- link2 "Item&nbsp;6. Indemnification of Directors and Officers" -->
<DIV align="left"><A NAME="005"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;6. Indemnification of Directors and Officers.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Our Articles of Association provide in article 28 that we shall generally indemnify any person who
is or was a director or one of our employees, officers or agents, or who at our request has become
a director, officer or agent of another entity or a trust, and suffers any loss as a result of any
action in connection with their service to us, provided they acted in good faith in carrying out
their duties and in a manner they reasonably believed to be in our interest. This indemnification
generally will not be available if the person seeking indemnification acted with gross
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">negligence
or willful misconduct in the performance of such person&#146;s duties to us. A court in which an action
is brought may, however, determine that indemnification is appropriate nevertheless.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In addition, our Articles of Association provide that shareholders may approve a resolution at a
general meeting of shareholders to fully discharge the members of our Managing Board, Supervisory
Board and Joint Board from liability towards us in respect of the exercise of their duties during
the financial year covered by the annual accounts subject to certain exceptions under Dutch law,
including exceptions relating to the liability of members of our Managing Board, Supervisory Board
and Joint Board upon bankruptcy or insolvency of a company. Under Dutch law, this discharge is not
absolute and would not be effective as to any matters not disclosed in or apparent from our annual
accounts or not otherwise disclosed to our shareholders, and is subject to general reasonableness
and fairness. Our shareholders have not approved such a resolution at this time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We have provided Deeds of Access, Insurance and Indemnity governed by Dutch law (each an &#147;<B>Indemnity
Deed</B>&#148;) to our directors and senior employees, and our subsidiary, James Hardie Building Products
Inc. (&#147;<B>JHBP</B>&#148;), has provided Indemnity Agreements governed by Nevada law (each an &#147;<B>Indemnity
Agreement</B>&#148;) to directors, officers and certain employees of us, JHBP or their affiliates. These
Indemnity Deeds and Indemnity Agreements are consistent with our Articles of Association and
relevant laws.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The terms of the Indemnity Deeds require us, to the maximum extent permitted by law, to
unconditionally and irrevocably indemnify a director in relation to the director serving or having
served as a director of us or one of our subsidiaries or another entity at our request or the
request of one of our subsidiaries to the extent permitted by Dutch law from and against all
claims, liabilities (including liability for negligence), civil penalties being pecuniary penalties
imposed by legislation, legal costs actually and reasonably incurred (not limited to taxed costs),
net wage or withholding taxes, social security premiums or other Dutch or foreign taxes as a result
of indemnification, as well as reasonable legal costs actually incurred in good faith by the
director in obtaining legal advice regarding issues arising from an Indemnity Deed or making a
claim or in relation to being a witness to any type of proceedings, mediation or other form of
dispute resolution. This indemnity is limited to the extent that it is not available to a director
where a Dutch court has established in a final, non-appealable decision that the director (1)&nbsp;acted
with willful misconduct, (2)&nbsp;acted with intentional recklessness, (3)&nbsp;was seriously imputable or
(4)&nbsp;did not act in good faith, unless otherwise provided for by Dutch law or the boards provide
otherwise based on standards of reasonableness and fairness.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Indemnity Deeds require us, upon a request by a director, to make payment of amounts payable
within 30&nbsp;days of the incurrence of the liability or the date the amount is due and payable,
whichever is shorter, and the director undertakes to repay the amounts paid to them if it is
ultimately determined that he or she is not entitled to indemnification for such amounts or if such
amounts exceed what we are permitted to pay under the Indemnity Deed or if he or she receives
payment under an insurance contract in respect of those liabilities. To the extent that a director
also receives payment under an indemnity from one of our subsidiaries, the director is not entitled
to claim under the Dutch law Indemnity Deed.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Under the Indemnity Deeds a director has the right to access our company books and those of our
subsidiaries in relation to any act or omission in relation to the director acting in that capacity
for us, our subsidiaries or another entity at our request or at the request of our subsidiaries.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Indemnity Agreements provide that JHBP shall hold harmless and indemnify a director, officer or
employee of us, JHBP, or their affiliates to the maximum extent allowed by Nevada law against any
expenses, liabilities and losses (including, without limitation, investigation expenses, expert
witnesses&#146; and attorneys&#146; fees and expenses, judgments, penalties, fines, amounts paid or to be
paid in settlement, any interest, assessments, or other charges imposed thereon and any federal,
state, local or foreign taxes imposed as a result of actual or deemed receipt of any payment)
actually and reasonably incurred by the director, officer or employee (net of any insurance
proceeds or other amounts received by the indemnitee as compensation for such expenses, liabilities
or losses) in connection with any actual or threatened action, suit or proceeding, whether civil,
criminal, administrative or investigative or in arbitration, to which the director, officer or
employee is a party or participant or is threatened to be made a party or participant (a)&nbsp;based
upon, arising from, relating to or by reason of the fact that the director, officer or employee was
or is a director, officer or employee of us or of JHBP, or is or was serving at our request or the
request JHBP, as a director, officer, partner, member, manager, trustee, fiduciary, employee or
agent of another corporation or entity, or (b)&nbsp;arising from or relating to any action or omission
to act taken by the director, officer or employee in any of the capacities described above.
However, the director, officer or employee will only be indemnified in connection with a proceeding
initiated by him or her (other than a proceeding to enforce his or her rights under the indemnity
agreement) if the proceeding was authorized by a two-thirds vote of the board of directors of JHBP.
</DIV>


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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">By the terms of the Indemnity Agreements, their benefits are not available if there is a judgment
or other final adjudication, after all appeals and all time for appeals has expired, which is
adverse to the director, officer or employee and which establishes (a)&nbsp;his or her acts were
committed in bad faith, or were the result of active and deliberate dishonesty or willful fraud or
illegality, and were material to the cause of action so adjudicated; (b)&nbsp;that he or she in fact
personally gained a financial profit or other advantage to which he or she was not legally
entitled, (c)&nbsp;that indemnification of the director, officer or employee is prohibited by applicable
law, (d)&nbsp;in respect of any remuneration paid to the director, officer or employee if such
remuneration was in violation of law or (e)&nbsp;that such indemnification is not lawful and JHBP and
the director, officer or employee have been advised that the Commission believes that the
indemnification for liabilities arising under the US federal securities laws is against public
policy and is, therefore, unenforceable and claims for indemnification should be submitted to the
appropriate court for adjudication. In addition, the benefits are not available for any claim made
against the director, officer or employee for an accounting of profits made from the purchase or
sale by the director, officer or employee of our securities within the meaning of Section 16(b) of
the Exchange Act or analogous provisions of any applicable law.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Indemnity Agreements require JHBP upon request by the director, officer or employee to make
payment within 30&nbsp;days of amounts payable under the Indemnity Agreements as expended or incurred in
advance of indemnification, provided, however, that the director, officer or employee undertakes to
repay the amounts if it is ultimately determined that he or she is not entitled to indemnification
for such amounts.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">As required by the terms of the Indemnity Deeds and the Indemnity Agreements, we and JHBP maintain
director and officers insurance policies under which such persons would be insured against
liabilities resulting from their service to us.
</DIV>

<!-- link2 "Item&nbsp;7. Exemption from Registration Claimed" -->
<DIV align="left"><A NAME="006"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;7. Exemption from Registration Claimed.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</DIV>

<!-- link2 "Item&nbsp;8. Exhibits" -->
<DIV align="left"><A NAME="007"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;8. Exhibits</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;See &#147;Exhibit&nbsp;Index&#148; below.
</DIV>

<!-- link2 "Item&nbsp;9. Undertakings" -->
<DIV align="left"><A NAME="008"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;9. Undertakings</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The undersigned Registrant hereby undertakes:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;To file, during any period in which offers or sales are being made, a post-effective
amendment to this Registration Statement:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;To include any prospectus required by Section&nbsp;10(a)(3)
of the Securities Act;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;To reflect in the prospectus any facts or events arising
after the effective date of the
Registration Statement (or the most recent post-effective amendment thereof) which, individually or
in the aggregate, represent a fundamental change in the information set forth in the Registration
Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered
(if the total dollar value of securities offered would not exceed that which was registered) and
any deviation from the low or high end of the estimated maximum offering range may be reflected in
the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
changes in volume and price represent no more than a 20&nbsp;percent change in the maximum aggregate
offering price set forth in the &#147;Calculation of Registration Fee&#148; table in the effective
Registration Statement;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;To include any material information with respect to the
plan of distribution not
previously disclosed in the registration statement or any material change to such information in
the Registration Statement;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not
apply if the information
required to be included in a post-effective amendment by those paragraphs is contained in reports
filed with or furnished to the Commission by the Registrant pursuant to Section&nbsp;13 or 15(d) of the
Exchange Act that are incorporated by reference in this Registration Statement.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;That, for the purpose of determining any liability under the Securities Act, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial <I>bona fide </I>offering thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;To remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The undersigned Registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act, each filing of the Registrant&#146;s annual report pursuant to
Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by reference in the
Registration Statement shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial <I>bona fide </I>offering thereof.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the Registrant pursuant to the
foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the
Commission such indemnification is against public policy as expressed in the Securities Act and is,
therefore, unenforceable. In the event that a claim for indemnification against such liabilities
(other than the payment by the Registrant of expenses incurred or paid by a director, officer or
controlling person of the registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter has been settled
by controlling precedent, submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Securities Act and will be
governed by the final adjudication of such issue.
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="009"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act, the Registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has
duly caused this registration statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in Amsterdam, The Netherlands on this 21&nbsp;day of August, 2009.
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>JAMES HARDIE INDUSTRIES N.V.</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>

<TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/
Russell Chenu</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Russell Chenu&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Chief Financial Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each person whose signature appears below hereby appoints each of Russell Chenu, Robert Cox
and Paul Bokota his true and lawful attorney-in-fact with each of Messrs.&nbsp;Chenu and Cox having the
authority, acting singly, to execute in the name of each such person, and to file with the
Commission, together with any exhibits thereto and other documents therewith, any and all
amendments (including without limitation post-effective amendments) to this Registration Statement
necessary or advisable to enable the Registrant to comply with the Securities Act, and any rules,
regulations and requirements of the Commission in respect thereof, which amendments may make such
other changes in the Registration Statement as the aforesaid attorney-in-fact executing the same
deems appropriate. Pursuant to the requirements of the Securities Act, this registration statement
has been signed by the following persons in the capacities and on the dates indicated.
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="25%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="25%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Signature</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Title</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Date</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->

<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD valign="top" align="left"><DIV style="margin-left:0px; text-indent:-0px">/s/ Louis Gries
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Louis Gries
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Chief Executive Officer, Member of the Joint Board and <br>
Chairman of the Managing Board <br>
(Principal Executive Officer)
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">August&nbsp;21, 2009</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><DIV style="font-size: 10pt; border-bottom: 1px solid #000000">/s/
Russell Chenu</DIV>
Russell Chenu
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Chief Financial Officer and Member of the Managing <br>
Board <br>
(Principal Financial and Accounting Officer)
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">August&nbsp;21, 2009</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><DIV style="font-size: 10pt; border-bottom: 1px solid #000000">/s/
Robert Cox</DIV>
Robert Cox
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Member of the Managing Board
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">August&nbsp;21, 2009</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Michael Hammes
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Chairman of the Joint Board and Supervisory Board&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">August&nbsp;21, 2009</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Donald McGauchie
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Deputy Chairman of the Joint Board and Supervisory <br>
Board
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">August&nbsp;21, 2009</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Brian Anderson
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Member of the Joint Board and Supervisory Board&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">August&nbsp;21, 2009</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Member of the Joint Board and Supervisory Board
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">August&nbsp;21, 2009</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
James Osborne
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Member of the Joint Board and Supervisory Board
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">August&nbsp;21, 2009</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
David Harrison
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Rudy van der Meer
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Member of the Joint Board and Supervisory Board&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">August&nbsp;21, 2009</TD>
</TR>
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<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
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    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>This Form S-8 was executed by Russell Chenu as Attorney-in-Fact for Louis Gries, Michael Hammes,
Donald McGauchie, Brian Anderson, James Osborne, David Harrison and Rudy van der Meer pursuant to
the Powers of Attorney granted thereby as previously filed with the Commission.</TD>
</TR>

</TABLE>



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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>EXHIBIT INDEX</B>
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    <TD width="96%">&nbsp;</TD>
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    <TD nowrap align="CENTER"><B>Exhibit</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="CENTER" style="border-bottom: 1px solid #000000"><B>Number</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
</TR>

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    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Articles of Association of James Hardie Industries N.V., as most recently amended
on August&nbsp;20, 2007 (English Translation) (incorporated by reference to Exhibit&nbsp;1.1
to our Annual Report on Form&nbsp;20-F filed on July&nbsp;8, 2008, and incorporated herein
by reference)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amended and Restated James Hardie Industries NV Long Term Incentive Plan 2006</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Loyens &#038; Loeff</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Ernst &#038; Young LLP</TD>
</TR>
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    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of PricewaterhouseCoopers LLP</TD>
</TR>
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    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
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</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Loyens &#038; Loeff (contained in its opinion filed as Exhibit&nbsp;5.1 hereto)</TD>
</TR>
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    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">24.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney (contained on the signature pages of this Registration Statement)</TD>
</TR>
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sv8
Table of Contents
As filed with the Securities and Exchange Commission on August 21, 2009
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
JAMES HARDIE INDUSTRIES N.V.
(Exact name of registrant as specified in its charter)
The Netherlands
Not Applicable
(State or other jurisdiction of incorporation
(IRS Employer
or organization)
Identification Number)
Atrium, 8
th
Floor
Strawinskylaan 3077
1077 ZX Amsterdam, The Netherlands
(Address of Principal Executive Offices
)
James Hardie Industries NV Long Term Incentive Plan 2006
(Full title of the Plan)
Russell Chenu
Chief Financial Officer
JAMES HARDIE INDUSTRIES N.V.
Atrium, 8
th
Floor
Strawinskylaan 3077
1077 ZX Amsterdam, The Netherlands
(Name and address of agent for service)
31 20 301 2980
Telephone number, including area code, of agent for service
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a
non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated
filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.
(Check one):
Large accelerated filer
þ
Accelerated filer
o
Non-accelerated filer
o
Smaller reporting company
o
(Do not check if a smaller reporting company)
CALCULATION OF REGISTRATION FEE
Proposed maximum
Title of shares
Amount to be
offering price per
Proposed maximum
to be registered
registered
(1)
share/obligation
aggregate offering price
Amount of registration fee
Common Stock, par
value EUR 0.59 per
share, to be issued
under the LTIP
4,826,099 shares
$4.79
(2)
$23,117,014
(2)
$1,289.93
Common Stock, par
value EUR 0.59 per
share, to be issued
pursuant to
previously granted
options under the
LTIP
1,000 shares
$6.40
(3)
$6,400
(3)
$0.36
(1)
Represents 4,826,099 shares of the Registrant's Common Stock, par value EUR 0.59 per share
(the "Common Stock") available for future issuance in accordance with the James Hardie Industries
NV Long Term Incentive Plan 2006 (the "LTIP") and 1,000 shares of Common Stock to be issued
pursuant to previously issued options under the LTIP; and, pursuant to Rule 416(a) under the
Securities Act of 1933, as amended (the "Securities Act"), such indeterminate number of additional
shares of Common Stock as may be issued to prevent dilution resulting from stock splits, stock
dividends or similar transactions. CHESS Units of Foreign Securities ("CUFS") issuable upon
deposit of one (1) share of Common Stock and American Depositary Shares evidenced by American
Depositary Receipts ("ADRs") issuable upon deposit of five (5) CUFS have been registered under a
separate registration statement.
(2)
Estimated solely for the purpose of determining the amount of the registration fee
pursuant to Rules 457(c) and (h) under the Securities Act based on one-fifth of the average of the
high and low reported prices of the Registrant's ADRs on the New York Stock Exchange on August 17,
2009. Each ADR is equal to five (5) shares of Common Stock and the average of the high and low
reported price for one ADR was $23.96 on August 17, 2009.
(3)
Estimated solely for the purpose of calculating the registration fee in accordance with
Rule 457(h) of the Securities Act on the basis of the exercise price of A$7.83 per share for each
such option outstanding under the LTIP, which converts into $6.40 at the August 17, 2009 exchange
rate of A$1.2285 to $1.0000.
TABLE OF CONTENTS
PART I. INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference
Item 4. Description of Securities
Item 5. Interests of Named Experts and Counsel
Item 6. Indemnification of Directors and Officers
Item 7. Exemption from Registration Claimed
Item 8. Exhibits
Item 9. Undertakings
SIGNATURES
EXHIBIT INDEX
EXHIBIT 4.2
EXHIBIT 5.1
EXHIBIT 23.1
EXHIBIT 23.2
Table of Contents
INTRODUCTION
This registration statement ("Registration Statement") on Form S-8 is filed by James Hardie
Industries N.V. (the "Company" or the "Registrant"), relating to 4,827,099 shares of the Company's
common stock, par value EUR 0.59 per share (the "Common Stock"), to be offered and sold under the
James Hardie Industries NV Long Term Incentive Plan 2006.
PART I.
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The information required by Part I and to be contained in the Section 10(a) prospectus is
omitted from this filing in accordance with the provisions of Rule 428 of the Securities Act of
1933, as amended (the "Securities Act"), and the introductory Note to Part I of Form S-8.
PART II.
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
We hereby incorporate by reference into this Registration Statement the following documents
previously filed with the Securities and Exchange Commission (the "Commission"):
(a)
our Annual Report on Form 20-F for the fiscal year ended March 31, 2009,
filed with the Commission on June 25, 2009;
(b)
all other reports filed by us pursuant to Section 13(a) or 15(d) of the
Exchange Act since the fiscal year ended March 31, 2009; and
(c)
the description of our Common Stock contained in our Registration Statement
on Form 20-F/A filed on October 1, 2001 (File No. 001-15240), together with any
amendment or report filed for the purposes of updating that description.
In addition, all documents and reports subsequently filed by the
Registrant with the
Commission pursuant to Sections 13(a), 13(c), 14, or 15(d) of the Securities and Exchange Act of
1934 (the "Exchange Act"), after the date hereof and prior to the filing of a post-effective
amendment to this Registration Statement which indicates that all securities offered hereunder have
been sold or which deregisters all securities then remaining unsold, shall be deemed to be
incorporated by reference into this Registration Statement and to be a part hereof from the date of
filing of such documents. Any statement contained in a document incorporated or deemed to be
incorporated by reference in this Registration Statement shall be deemed to be modified or
superseded for purposes of this Registration Statement to the extent that a statement contained in
this Registration Statement, or in any subsequently filed document which also is or is deemed to be
incorporated by reference in this Registration Statement, modifies or supersedes such statement.
Any such statement so modified or superseded shall not be deemed, except as so modified or
superseded, to constitute a part of this Registration Statement.
Item 4. Description of Securities.
Not applicable.
Item 5. Interests of Named Experts and Counsel.
Not applicable.
Item 6. Indemnification of Directors and Officers.
Our Articles of Association provide in article 28 that we shall generally indemnify any person who
is or was a director or one of our employees, officers or agents, or who at our request has become
a director, officer or agent of another entity or a trust, and suffers any loss as a result of any
action in connection with their service to us, provided they acted in good faith in carrying out
their duties and in a manner they reasonably believed to be in our interest. This indemnification
generally will not be available if the person seeking indemnification acted with gross
Table of Contents
negligence
or willful misconduct in the performance of such person's duties to us. A court in which an action
is brought may, however, determine that indemnification is appropriate nevertheless.
In addition, our Articles of Association provide that shareholders may approve a resolution at a
general meeting of shareholders to fully discharge the members of our Managing Board, Supervisory
Board and Joint Board from liability towards us in respect of the exercise of their duties during
the financial year covered by the annual accounts subject to certain exceptions under Dutch law,
including exceptions relating to the liability of members of our Managing Board, Supervisory Board
and Joint Board upon bankruptcy or insolvency of a company. Under Dutch law, this discharge is not
absolute and would not be effective as to any matters not disclosed in or apparent from our annual
accounts or not otherwise disclosed to our shareholders, and is subject to general reasonableness
and fairness. Our shareholders have not approved such a resolution at this time.
We have provided Deeds of Access, Insurance and Indemnity governed by Dutch law (each an "
Indemnity
Deed
") to our directors and senior employees, and our subsidiary, James Hardie Building Products
Inc. ("
JHBP
"), has provided Indemnity Agreements governed by Nevada law (each an "
Indemnity
Agreement
") to directors, officers and certain employees of us, JHBP or their affiliates. These
Indemnity Deeds and Indemnity Agreements are consistent with our Articles of Association and
relevant laws.
The terms of the Indemnity Deeds require us, to the maximum extent permitted by law, to
unconditionally and irrevocably indemnify a director in relation to the director serving or having
served as a director of us or one of our subsidiaries or another entity at our request or the
request of one of our subsidiaries to the extent permitted by Dutch law from and against all
claims, liabilities (including liability for negligence), civil penalties being pecuniary penalties
imposed by legislation, legal costs actually and reasonably incurred (not limited to taxed costs),
net wage or withholding taxes, social security premiums or other Dutch or foreign taxes as a result
of indemnification, as well as reasonable legal costs actually incurred in good faith by the
director in obtaining legal advice regarding issues arising from an Indemnity Deed or making a
claim or in relation to being a witness to any type of proceedings, mediation or other form of
dispute resolution. This indemnity is limited to the extent that it is not available to a director
where a Dutch court has established in a final, non-appealable decision that the director (1) acted
with willful misconduct, (2) acted with intentional recklessness, (3) was seriously imputable or
(4) did not act in good faith, unless otherwise provided for by Dutch law or the boards provide
otherwise based on standards of reasonableness and fairness.
The Indemnity Deeds require us, upon a request by a director, to make payment of amounts payable
within 30 days of the incurrence of the liability or the date the amount is due and payable,
whichever is shorter, and the director undertakes to repay the amounts paid to them if it is
ultimately determined that he or she is not entitled to indemnification for such amounts or if such
amounts exceed what we are permitted to pay under the Indemnity Deed or if he or she receives
payment under an insurance contract in respect of those liabilities. To the extent that a director
also receives payment under an indemnity from one of our subsidiaries, the director is not entitled
to claim under the Dutch law Indemnity Deed.
Under the Indemnity Deeds a director has the right to access our company books and those of our
subsidiaries in relation to any act or omission in relation to the director acting in that capacity
for us, our subsidiaries or another entity at our request or at the request of our subsidiaries.
The Indemnity Agreements provide that JHBP shall hold harmless and indemnify a director, officer or
employee of us, JHBP, or their affiliates to the maximum extent allowed by Nevada law against any
expenses, liabilities and losses (including, without limitation, investigation expenses, expert
witnesses' and attorneys' fees and expenses, judgments, penalties, fines, amounts paid or to be
paid in settlement, any interest, assessments, or other charges imposed thereon and any federal,
state, local or foreign taxes imposed as a result of actual or deemed receipt of any payment)
actually and reasonably incurred by the director, officer or employee (net of any insurance
proceeds or other amounts received by the indemnitee as compensation for such expenses, liabilities
or losses) in connection with any actual or threatened action, suit or proceeding, whether civil,
criminal, administrative or investigative or in arbitration, to which the director, officer or
employee is a party or participant or is threatened to be made a party or participant (a) based
upon, arising from, relating to or by reason of the fact that the director, officer or employee was
or is a director, officer or employee of us or of JHBP, or is or was serving at our request or the
request JHBP, as a director, officer, partner, member, manager, trustee, fiduciary, employee or
agent of another corporation or entity, or (b) arising from or relating to any action or omission
to act taken by the director, officer or employee in any of the capacities described above.
However, the director, officer or employee will only be indemnified in connection with a proceeding
initiated by him or her (other than a proceeding to enforce his or her rights under the indemnity
agreement) if the proceeding was authorized by a two-thirds vote of the board of directors of JHBP.
Table of Contents
By the terms of the Indemnity Agreements, their benefits are not available if there is a judgment
or other final adjudication, after all appeals and all time for appeals has expired, which is
adverse to the director, officer or employee and which establishes (a) his or her acts were
committed in bad faith, or were the result of active and deliberate dishonesty or willful fraud or
illegality, and were material to the cause of action so adjudicated; (b) that he or she in fact
personally gained a financial profit or other advantage to which he or she was not legally
entitled, (c) that indemnification of the director, officer or employee is prohibited by applicable
law, (d) in respect of any remuneration paid to the director, officer or employee if such
remuneration was in violation of law or (e) that such indemnification is not lawful and JHBP and
the director, officer or employee have been advised that the Commission believes that the
indemnification for liabilities arising under the US federal securities laws is against public
policy and is, therefore, unenforceable and claims for indemnification should be submitted to the
appropriate court for adjudication. In addition, the benefits are not available for any claim made
against the director, officer or employee for an accounting of profits made from the purchase or
sale by the director, officer or employee of our securities within the meaning of Section 16(b) of
the Exchange Act or analogous provisions of any applicable law.
The Indemnity Agreements require JHBP upon request by the director, officer or employee to make
payment within 30 days of amounts payable under the Indemnity Agreements as expended or incurred in
advance of indemnification, provided, however, that the director, officer or employee undertakes to
repay the amounts if it is ultimately determined that he or she is not entitled to indemnification
for such amounts.
As required by the terms of the Indemnity Deeds and the Indemnity Agreements, we and JHBP maintain
director and officers insurance policies under which such persons would be insured against
liabilities resulting from their service to us.
Item 7. Exemption from Registration Claimed.
Not applicable.
Item 8. Exhibits
See "Exhibit Index" below.
Item 9. Undertakings
(a) The undersigned Registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being made, a post-effective
amendment to this Registration Statement:
(i) To include any prospectus required by Section 10(a)(3)
of the Securities Act;
(ii) To reflect in the prospectus any facts or events arising
after the effective date of the
Registration Statement (or the most recent post-effective amendment thereof) which, individually or
in the aggregate, represent a fundamental change in the information set forth in the Registration
Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered
(if the total dollar value of securities offered would not exceed that which was registered) and
any deviation from the low or high end of the estimated maximum offering range may be reflected in
the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
changes in volume and price represent no more than a 20 percent change in the maximum aggregate
offering price set forth in the "Calculation of Registration Fee" table in the effective
Registration Statement;
(iii) To include any material information with respect to the
plan of distribution not
previously disclosed in the registration statement or any material change to such information in
the Registration Statement;
provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not
apply if the information
required to be included in a post-effective amendment by those paragraphs is contained in reports
filed with or furnished to the Commission by the Registrant pursuant to Section 13 or 15(d) of the
Exchange Act that are incorporated by reference in this Registration Statement.
Table of Contents
(2) That, for the purpose of determining any liability under the Securities Act, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial
bona fide
offering thereof.
(3) To remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.
(b) The undersigned Registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act, each filing of the Registrant's annual report pursuant to
Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by reference in the
Registration Statement shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial
bona fide
offering thereof.
(c) Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the Registrant pursuant to the
foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the
Commission such indemnification is against public policy as expressed in the Securities Act and is,
therefore, unenforceable. In the event that a claim for indemnification against such liabilities
(other than the payment by the Registrant of expenses incurred or paid by a director, officer or
controlling person of the registrant in the successful defense of any action, suit or proceeding)
is asserted by such director, officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter has been settled
by controlling precedent, submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Securities Act and will be
governed by the final adjudication of such issue.
Table of Contents
SIGNATURES
Pursuant to the requirements of the Securities Act, the Registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has
duly caused this registration statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in Amsterdam, The Netherlands on this 21 day of August, 2009.
JAMES HARDIE INDUSTRIES N.V.
By:
/s/
Russell Chenu
Russell Chenu
Chief Financial Officer
Each person whose signature appears below hereby appoints each of Russell Chenu, Robert Cox
and Paul Bokota his true and lawful attorney-in-fact with each of Messrs. Chenu and Cox having the
authority, acting singly, to execute in the name of each such person, and to file with the
Commission, together with any exhibits thereto and other documents therewith, any and all
amendments (including without limitation post-effective amendments) to this Registration Statement
necessary or advisable to enable the Registrant to comply with the Securities Act, and any rules,
regulations and requirements of the Commission in respect thereof, which amendments may make such
other changes in the Registration Statement as the aforesaid attorney-in-fact executing the same
deems appropriate. Pursuant to the requirements of the Securities Act, this registration statement
has been signed by the following persons in the capacities and on the dates indicated.
Signature
Title
Date
/s/ Louis Gries
Louis Gries
Chief Executive Officer, Member of the Joint Board and
Chairman of the Managing Board
(Principal Executive Officer)
August 21, 2009
/s/
Russell Chenu
Russell Chenu
Chief Financial Officer and Member of the Managing
Board
(Principal Financial and Accounting Officer)
August 21, 2009
/s/
Robert Cox
Robert Cox
Member of the Managing Board
August 21, 2009
*
Michael Hammes
Chairman of the Joint Board and Supervisory Board
August 21, 2009
*
Donald McGauchie
Deputy Chairman of the Joint Board and Supervisory
Board
August 21, 2009
*
Brian Anderson
Member of the Joint Board and Supervisory Board
August 21, 2009
*
Member of the Joint Board and Supervisory Board
August 21, 2009
James Osborne
*
Member of the Joint Board and Supervisory Board
August 21, 2009
David Harrison
*
Rudy van der Meer
Member of the Joint Board and Supervisory Board
August 21, 2009
*
This Form S-8 was executed by Russell Chenu as Attorney-in-Fact for Louis Gries, Michael Hammes,
Donald McGauchie, Brian Anderson, James Osborne, David Harrison and Rudy van der Meer pursuant to
the Powers of Attorney granted thereby as previously filed with the Commission.
Table of Contents
EXHIBIT INDEX
Exhibit
Number
Description
4.1
Articles of Association of James Hardie Industries N.V., as most recently amended
on August 20, 2007 (English Translation) (incorporated by reference to Exhibit 1.1
to our Annual Report on Form 20-F filed on July 8, 2008, and incorporated herein
by reference)
4.2
Amended and Restated James Hardie Industries NV Long Term Incentive Plan 2006
5.1
Opinion of Loyens & Loeff
23.1
Consent of Ernst & Young LLP
23.2
Consent of PricewaterhouseCoopers LLP
23.3
Consent of Loyens & Loeff (contained in its opinion filed as Exhibit 5.1 hereto)
24.1
Power of Attorney (contained on the signature pages of this Registration Statement)