SOURCE: Smith & Nephew PLC

June 18, 2008 12:24 ET

Smith & Nephew announces Transaction in Own Shares

LONDON, UK--(Marketwire - June 18, 2008) -

Transaction in own shares. 

Smith & Nephew plc announces that on 18 June 2008 it purchased 100,000
ordinary shares of USUSD0.20 each at a price of 585.9031 pence per share.
The purchased shares will be held as treasury shares. 

Following the above purchase, Smith & Nephew plc holds 62,249,483 
ordinary shares in treasury, and has 886,566,919 ordinary shares in 
issue (excluding treasury shares).

Paul Chambers

Company Secretary

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