Exhibit 99.3
Appendix 3B
New issue announcement, application for quotation
of additional securities and agreement
of additional securities and agreement
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.
Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005.
Name of entity
James Hardie Industries N.V.
ABN
097 829 895 Incorporated in The Netherlands. The liability of members is limited.
We (the entity) give ASX the following information.
Part 1 — All issues
You must complete the relevant sections (attach sheets if there is not enough space).
| 1 | +Class of+securities issued or to be issued | Restricted Stock Units, being contractual entitlements to be issued ordinary shares/CUFS upon satisfaction of certain conditions. | ||||
| 2 | Number of+securities issued or to be issued (if known) or maximum number which may be issued | 522,000 Relative TSR Restricted Stock Units issued on 15 September 2009 (US time). | ||||
| 3 | Principal terms of the+securities (eg, 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) | 522,000 Relative TSR Restricted Stock Units which will vest between 3 and 5 years from the date of grant, depending on the company’s TSR performance relative to its peer group. Upon vesting, the holder of a Restricted Stock Unit will be entitled to be issued one ordinary share/CUFS for each Restricted Stock Unit held. | ||||
| 4 | Do the+securities rank equally in all respects from the date of allotment 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 | Not applicable | ||||
| 5 | Issue price or consideration | No cash consideration paid. | ||||
| 6 | Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) | Granted as awards under the 2006 JHINV Long Term Incentive Plan and intended to promote the Company’s long term financial interests by encouraging the senior leadership team to acquire an ownership position in the Company, aligning their interests with those of the Company’s security holders and encouraging and rewarding their performance. | ||||
| 7 | Dates of entering+securities into uncertificated holdings or despatch of certificates | Not applicable. | ||||
| Number | +Class | ||||||||
| 8 | Number and+class of all+securities quoted on ASX (includingthe securities in clause 2 if applicable) | 432,884,760 | Ordinary shares/ CUFS | ||||||
| Number | +Class | ||||||||
| 9 | Number and+class of all+securities not quoted on ASX (includingthe securities in clause 2 if applicable) | 16,617,657 4,526,881 No Options or Restricted Stock Units have been cancelled. | Options Restricted Stock Units | ||||||
| 10 | Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests) | Rank for dividends equally with issued ordinary shares/CUFS. | ||||
Part 2 — Bonus issue or pro rata issue
| 11 | Is security holder approval required? | Not applicable | ||||
| 12 | Is the issue renounceable or non-renounceable? | Not applicable | ||||
| 13 | Ratio in which the+securities will be offered | Not applicable | ||||
| 14 | +Class of+securities to which the offer relates | Not applicable | ||||
| 15 | +Record date to determine entitlements | Not applicable | ||||
| 16 | Will holdings on different registers (or subregisters) be aggregated for calculating entitlements? | Not applicable | ||||
| 17 | Policy for deciding entitlements in relation to fractions | Not applicable | ||||
| 18 | Names of countries in which the entity has+security holders who will not be sent new issue documents Note: Security holders must be told how their entitlements are to be dealt with. Cross reference: rule 7.7. | Not applicable | ||||
| 19 | Closing date for receipt of acceptances or renunciations | Not applicable | ||||
| 20 | Names of any underwriters | Not applicable | ||||
| 21 | Amount of any underwriting fee or commission | Not applicable | ||||
| 22 | Names of any brokers to the issue | Not applicable | ||||
| 23 | Fee or commission payable to the broker to the issue | Not applicable | ||||
| 24 | Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of+security holders | Not applicable | ||||
| 25 | If the issue is contingent on+security holders’ approval, the date of the meeting | Not applicable | ||||
| 26 | Date entitlement and acceptance form and prospectus or Product Disclosure Statement will be sent to persons entitled | Not applicable | ||||
| 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 | Not applicable | ||||
| 28 | Date rights trading will begin (if applicable) | Not applicable | ||||
| 29 | Date rights trading will end (if applicable) | Not applicable | ||||
| 30 | How do+security holders sell their entitlementsin fullthrough a broker? | Not applicable | ||||
| 31 | How do+security holders sellpartof their entitlements through a broker and accept for the balance? | Not applicable | ||||
| 32 | How do+security holders dispose of their entitlements (except by sale through a broker)? | Not applicable | ||||
| 33 | +Despatch date | Not applicable | ||||
Part 3 — Quotation of securities
You need only complete this section if you are applying for quotation of securities
| 34 | Type of securities (tick one) | |||
| (a) | o | Securities described in Part 1 | ||
| (b) | o | 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 | ||
Entities that have ticked box 34(a)
Additional securities forming a new class of securities
Tick to indicate you are providing the information or documents
| 35 | o | 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 | o | 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 | o | A copy of any trust deed for the additional+securities |
Entities that have ticked box 34(b)
| 38 | Number of securities for which+quotation is sought | | ||||
| 39 | Class of+securities for which quotation is sought | |
| 40 | Do the+securities rank equally in all respects from the date of allotment 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 | |||||
| 41 | 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) | |||||
| Number | +Class | ||||||||
| 42 | Number and+class of all+securities quoted on ASX (includingthe securities in clause 38) | ||||||||
Quotation agreement
| 1 | +Quotation of our additional+securities is in ASX’s absolute discretion. ASX may quote the+securities on any conditions it decides. | |
| 2 | 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. | ||
| Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty |
| • | 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. |
| 3 | 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. |
| 4 | We give ASX the information and documents required by this form. If any information or document not available now, 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. |
| Sign here: |  | Date: 16 September 2009 | ||
| (Director/Company secretary) | ||||
| Print name: | Robert E Cox |