SOURCE: Smith & Nephew PLC

January 03, 2008 12:39 ET

Smith & Nephew PLC - Transaction in own shares

London, UK--(Marketwire - January 3, 2008) -

3 January 2008

Transaction in own shares.

Smith & Nephew plc announces that on 3 January 2008 it purchased 155,000
ordinary shares of US$0.20 each at a price of 580.9287 pence per share. The
purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 51,965,000 ordinary
shares in treasury, and has 895,542,881 ordinary shares in issue (excluding
treasury shares).

Paul Chambers
Company Secretary

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