SOURCE: Smith & Nephew PLC

January 08, 2008 13:15 ET

Smith & Nephew plc announces Transaction in own shares

London, UK--(Marketwire - January 8, 2008) -

8 January 2008

Transaction in own shares.

Smith & Nephew plc announces that on 8 January 2008 it purchased 37,000 ordinary shares of US$0.20 each at a price of 604.4291 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 52,332,000 ordinary shares in treasury, and has 895,183,488 ordinary shares in issue (excluding treasury shares).

Paul Chambers
Company Secretary



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