SOURCE: Smith & Nephew PLC

July 09, 2007 13:34 ET

Smith & Nephew Plc announces Transaction in own shares

London, UK--(Marketwire - July 9, 2007) -

9 July 2007

Transaction in own shares.

Smith & Nephew plc announces that on 9 July 2007 it purchased 800,000 ordinary shares of US$0.20 each at a price of 616.4168 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 21,868,000 ordinary shares in treasury, and has 924,237,628 ordinary shares in issue (excluding treasury shares).

Paul Chambers
Company Secretary



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