SOURCE: Smith & Nephew PLC

June 19, 2008 12:20 ET

Smith & Nephew Announces Transaction in Own Shares

LONDON, UK--(Marketwire - June 19, 2008) -

Transaction in own shares.

Smith & Nephew plc announces that on 19 June 2008 it purchased 175,000
ordinary shares of USUSD0.20 each at a price of 596.4707 pence per share.
The purchased shares will be held as treasury shares. 

Following the above purchase, Smith & Nephew plc
holds 62,424,483 ordinary shares in treasury, and
has 886,397,319 ordinary shares in issue (excluding treasury shares).

Paul Chambers

Company Secretary

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