SOURCE: Smith & Nephew PLC

July 17, 2007 13:05 ET

Smith & Nephew PLC announces Transaction in own shares

London, UK--(Marketwire - July 17, 2007) -

17 July  2007

Transaction in own shares.

Smith & Nephew plc announces that on 17 July 2007 it purchased 500,000 ordinary shares of US$0.20 each at a price of 625.213 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 24,933,000 ordinary shares in treasury, and has 921,334,284 ordinary shares in issue (excluding treasury shares).

Paul Chambers
Company Secretary



                      This information is provided by RNS
            The company news service from the London Stock Exchange