SOURCE: Smith & Nephew PLC

January 10, 2008 12:22 ET

Smith & Nephew PLC - Transaction in Own Shares

London, UK--(Marketwire - January 10, 2008) - 10 January 2008

Transaction in own shares.

Smith & Nephew plc announces that on 10 January 2008 it purchased 200,000 ordinary shares of US$0.20 each at a price of 629.1608 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 52,732,000 ordinary shares in treasury, and has 894,982,388 ordinary shares in issue (excluding treasury shares).

Paul Chambers
Company Secretary


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