Smith & Nephew PLC announces Transaction in Own Shares


London, UK--(Marketwire - October 15, 2007) -

15 October  2007



Transaction in own shares.


Smith & Nephew plc announces that on 15 October 2007 it purchased 240,000
ordinary shares of US$0.20 each at a price of 611.7633 pence per share. The
purchased shares will be held as treasury shares.


Following the above purchase, Smith & Nephew plc holds 41,070,000 ordinary
shares in treasury, and has 905,457,658 ordinary shares in issue (excluding
treasury shares).




Paul Chambers
Company Secretary


                      This information is provided by RNS
            The company news service from the London Stock Exchange