SOURCE: Smith & Nephew PLC

November 17, 2008 11:49 ET

Smith & Nephew Plc - Transaction in Own Shares

LONDON, UK--(Marketwire - November 17, 2008) -





Smith & Nephew plc

17 November 2008

Smith & Nephew plc - Transaction in Own Shares

Smith & Nephew plc announces that on 17 November 2008 it transferred a
total of 26,808 ordinary shares of USD0.20 each to participants of the
Smith & Nephew ShareSave Plan and the Smith & Nephew International
ShareSave Plan, following the maturity of options on 1 November 2008.

The shares, which were all formerly held as Treasury shares, were
transferred as follows:

   - 6,022 ordinary shares at an exercise price of 321p per share;and

   - 20,786 ordinary shares at an exercise price of 425p per share;


Following the above transactions, Smith & Nephew plc holds 66,634,911 
ordinary shares in treasury, and has 883,032,276 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

END

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