SOURCE: Smith & Nephew PLC

October 30, 2007 13:48 ET

Smith & Nephew PLC announces Transaction in Own Shares

London, UK--(Marketwire - October 30, 2007) -

30 October  2007

Transaction in own shares.

Smith & Nephew plc announces that on 30 October 2007 it purchased 230,000
ordinary shares of US$0.20 each at a price of 632.8738 pence per share. The
purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 43,720,000 ordinary
shares in treasury, and has 902,933,622 ordinary shares in issue (excluding
treasury shares).

Paul Chambers
Company Secretary

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