SOURCE: Smith & Nephew PLC

October 08, 2007 12:50 ET

Smith & Nephew PLC - Transaction in Own Shares

London, UK--(Marketwire - October 8, 2007) - 8 October 2007

Transaction in own shares.

Smith & Nephew plc announces that on 8 October 2007 it purchased 275,000 ordinary shares of US$0.20 each at a price of 618.112 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 39,895,000 ordinary shares in treasury, and has 906,604,610 ordinary shares in issue (excluding treasury shares).

Paul Chambers

Company Secretary

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