SOURCE: Smith & Nephew PLC

January 11, 2008 12:12 ET

Smith & Nephew plc announces Transaction in own shares

London, UK--(Marketwire - January 11, 2008) - 11 January 2008

Transaction in own shares.

Smith & Nephew plc announces that on 11 January 2008 it purchased 200,000 ordinary shares of US$0.20 each at a price of 616.4334 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 52,932,000 ordinary shares in treasury, and has 894,787,120 ordinary shares in issue (excluding treasury shares).

Paul Chambers
Company Secretary


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