SOURCE: Smith & Nephew PLC

June 07, 2007 12:12 ET

Smith & Nephew PLC announces Transaction in Own Shares

London, UK--(Marketwire - June 7, 2007) -

Smith & Nephew PLC

7 June 2007

Smith & Nephew PLC - Transaction in Own Shares

Smith & Nephew PLC announces that on 7 June 2007 it purchased 700,000 ordinary shares of US$0.20 at a price of 600.1 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew PLC holds 13,970,000 ordinary shares in treasury, and has 931,852,693 ordinary shares in issue (excluding treasury shares).

Paul Chambers
Company Secretary



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