Smith & Nephew PLC announces Transaction in Own Shares


London, UK--(Marketwire - October 16, 2007) -


16 October 2007


Transaction in own shares.


Smith & Nephew plc announces that on 16 October 2007 it purchased 260,000
ordinary shares of US$0.20 each at a price of 598.9312 pence per share. The
purchased shares will be held as treasury shares.


Following the above purchase, Smith & Nephew plc holds 41,330,000 ordinary
shares in treasury, and has 905,197,658 ordinary shares in issue (excluding
treasury shares).



Paul Chambers
Company Secretary


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