SOURCE: Smith & Nephew PLC

January 24, 2008 12:29 ET

Smith & Nephew PLC announces Transaction in Own Shares

London, UK--(Marketwire - January 24, 2008) -

24 January 2008


Transaction in own shares.


Smith & Nephew plc announces that on 24 January 2008 it purchased 160,000
ordinary shares of US$0.20 each at a price of 609.4065 pence per share. The
purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 54,347,000 ordinary
shares in treasury, and has 893,425,160 ordinary shares in issue (excluding
treasury shares).


Paul Chambers
Company Secretary


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