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name changed to James Hardie Industries SE
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22/02/2010
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a Funding Agreement is signed today that will protect the compensation entitlements of future James Hardie asbestos
claimants - the signatories are James Hardie Industries NV, LGTDD Pty Limited (an Australian subsidiary of JHINV)
and the NSW Government – under the agreement James Hardie has agreed to make annual contributions to a compensation fund to meet future
claims for compensation by Australian claimants injured as a result of inhaling asbestos dust from
products manufactured or sold by the company - James Hardie has also agreed not to restructure its business in future in a manner that will make it
unable to meet its funding obligation (it has been estimated that James
Hardie is likely to pay more than $4.5 billion in compensation over the next 40 years)
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01/12/2005
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