SOURCE: Smith & Nephew PLC

January 04, 2008 12:24 ET

Smith & Nephew Plc - Transaction in own shares.

London, UK--(Marketwire - January 4, 2008) -

4 January 2008

Transaction in own shares.

Smith & Nephew plc announces that on 4 January 2008 it purchased 165,000
ordinary shares of US$0.20 each at a price of 581.4602 pence per share. The
purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 52,130,000 ordinary
shares in treasury, and has 895,385,488 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