JAMES Hardie Industries chairwoman Meredith Hellicar will today announce whether she will resign or stay on, as the corporate watchdog examines her role in the company's asbestos funding scandal. The company's chief executive, Louis Gries, yesterday refused to say whether Ms Hellicar, whose term on the board expires this year, would renominate. He said notices of motion for Hardie's shareholders meeting and AGM would probably be issued today, and Ms Hellicar's intentions would then be revealed. In the past, Ms Hellicar had said she wanted to see out negotiations to meet a $1 billion shortfall in the trust Hardie set up in 2001 for future victims of Hardie asbestos. That deal is still not finalised, because the Australian Tax Office has so far refused to grant tax-free status for Hardie's planned compensation fund.