I ruined a DeWalt 40T 12" miter saw blade on the first cut because I thought Hardi-board was a composite. Only when the sparks started to fly did I realize my error. It wouldn't even cut pine after that. So, I don't think you'll get very far with the regular blade. I looked up the manufacturer and here's their recommendation:
*Use a straight edge as a guide to score the sheet?s face with a carbide-tipped scoring knife or utility knife and snap upward along the score line. The use of shears (manual, electric or pneumatic) is also acceptable.
*NEVER use high-speed power tools (e.g. saws, grinders, etc.) to cut James Hardie? products indoors as they may generate excessive silica dust.
So, it sounds like you may be out of luck using the Festool...