EXHIBIT 4.27***CONFORMED COPY***
**DEED OF ACCESSION****DEED**dated *8 June*2006 by1. **ASBESTOS INJURIES COMPENSATION FUND LIMITED**ACN 117 363 461, of Level 3, 18-22 Pitt Street,Sydney in the State of New South Wales, in its capacity as trustee of the Asbestos InjuriesCompensation Fund Trust (***Acceding Party***)2. **James Hardie Industries N.V.**ARBN 097 829 895 incorporated in the Netherlands and having itsregistered office at Atrium, 8th Floor, Strawinskylaan 3077, 1077ZX Amsterdam, TheNetherlands, (with its Australian principal office at Level 3, 22 Pitt Street, Sydney in theState of New South Wales) (***JHINV***)3. **LGTDD Pty Limited**ABN 116 110 948, of Level 3, 18-22 Pitt Street, Sydney in the State of NewSouth Wales (***Performing Subsidiary***)4. **The State of New South Wales (*****NSW Government*****)**(each of JHINV, the Performing Subsidiary and NSW Government, the ***Existing Parties***)**RECITALS**A. This deed is supplemental to the Final Funding Agreement between the Existing Parties dated1 December 2005 in respect of the provision of long term funding for compensationarrangements for certain victims of Asbestos-related diseases in Australia (***Final FundingAgreement***).B. On 7 April 2006, the Acceding Party became the trustee of the Asbestos Injuries CompensationFund Trust by executing a deed of trust with James Hardie Industries NV as settlor (the“Asbestos Injuries Compensation Fund Trust”).**OPERATIVE PART****1.** **Acceding Party to be bound**The Acceding Party confirms to the Existing Parties that it has been supplied with a copy of theFinal Funding Agreement, JHINV Guarantee and Intercreditor Deeds and covenants with all ExistingParties to observe, perform and be bound by all the terms of the Final Funding Agreement, the JHINVGuarantee and the Intercreditor Deeds so that the Acceding Party is deemed, from the date of thisdeed to be a party to the Final Funding Agreement, the JHINV Guarantee and Intercreditor Deeds.
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**2.** **Existing Parties**The Existing Parties severally covenant with the Acceding Party to observe, perform and be bound byall of the terms of the Final Funding Agreement, the JHINV Guarantee and Intercreditor Deed.**3** **Representations and warranties**The Acceding Party represents and warrants to each of the Existing Parties that each of thefollowing statements is true and accurate as at the date of this deed:(a) the statements with respect to the Performing Subsidiary set out in **Part 1**of **Schedule 2**ofthe Final Funding Agreement, as amended by replacing each reference to the PerformingSubsidiary with a reference to the Acceding Party;(b) the trust to which it is a trustee it has been validly created and is validly existing;(c) it is the sole trustee of the trust on behalf of which it has entered into this deed;(d) there has been no resolution or direction to terminate the trust on behalf of which it hasentered into this deed, nor to remove it as trustee of that trust;(e) it has the power to enter into this deed as trustee of the trust on behalf of which it hasentered into this deed; and(f) On the date of this deed, the Acceding Party has provided to the NSW Government, and the NSWGovernment acknowledges receipt, of an officer’s certificate signed by the chairman ofdirectors (or, if appointed, the chief executive officer) of the Acceding Party in the formset out in the **Schedule**to this deed.**4.** **Address for Notices**The address and Notice details of the Acceding Party for the purposes of **clause 30**of the FinalFunding Agreement is:  Level 3, 18-22 Pitt Street, Sydney in the State of New South Wales   Attention: The Chairman   Fax number: +61 (0)2 8274 5218**5.** **Governing law**This deed is governed by the laws applicable in New South Wales.**6.** **Interpretation**Words and expressions defined in the Final Funding Agreement have the same meaning where used inthis deed.
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**Schedule****Form of Officer’s certificate****To:**The State of New South WalesI, Peter W Baker, am the Chairman of Directors of Asbestos Injuries Compensation Fund Limited(“**AICF**”).I refer to the deed having the name “Final Funding Agreement” entered into on 1 December 2005between James Hardie Industries N.V., The State of New South Wales and LGTDD Pty Limited in respectof the provision of long term funding for compensation arrangements for certain victims ofAsbestos-related diseases in Australia (**“Final Funding Agreement"**).I also refer to a deed of accession dated on or about the date of this certificate between the AICFand the parties to the Final Funding Agreement (“**Deed of Accession**”), under which AICF accedes tothe terms of the Final Funding Agreement.I certify that I have been duly authorised by AICF to give this certificate and that to the best ofmy knowledge and belief having made reasonable enquiries, each of the representations andwarranties given by AICF set out in clause 3 of the Deed of Accession are true and accurate as atthe date of this certificate.I am aware that The State of New South Wales will rely upon the representations and warranties madeby AICF in the Deed of Accession and by me in this certificate.Signed: */s/ Russell Chenu*Date: *1 December 2005*
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**EXECUTED**as a deed.   Signed for Asbestos Injuries CompensationFund Limited by     */s/ P W Baker* */s/ Joanne Marchione*   Name: *PETER W BAKER* Name: *JOANNE MARCHIONE*Director / Secretary Director   Signed by Meredith Hellicar and Russell Chenufor James Hardie Industries N.V.     */s/ Meredith Hellicar* */s/ Russell Chenu*   Meredith Hellicar Russell ChenuChairman Authorised Officer   Signed for LGTDD Pty Limited  By     */s/ D A J Salter* */s/ Bruce Potts*   *DAJ Salter* *Bruce Potts*Director / Secretary Director   Signed by *The Hon Robert John Debus MPAttorney General*For the State of New South Wales     */s/ The Hon Robert John Debus*  * *   
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