SOURCE: Smith & Nephew PLC

June 23, 2008 12:27 ET

Smith & Nephes Plc - Transaction in Own Shares

London, UK--(Marketwire - June 23, 2008) -

Transaction in own shares.

Smith & Nephew plc announces that on 23 June 2008 it purchased 175,000
ordinary shares of USUSD0.20 each at a price of 582.0812 pence per share.
The purchased shares will be held as treasury shares. 

Following the above purchase, Smith & Nephew plc
holds 62,774,483 ordinary shares in treasury, and
has 886,062,319 ordinary shares in issue (excluding treasury shares).

Paul Chambers

Company Secretary

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