SOURCE: Smith & Nephew PLC

August 21, 2007 12:26 ET

Smith & Nephew PLC announces Transaction in Own Shares

London, UK--(Marketwire - August 21, 2007) -

Smith & Nephew PLC

21 August 2007

Smith & Nephew PLC - Transaction in Own Shares

Smith & Nephew PLC announces that on 21 August 2007 it purchased 350,000 ordinary shares of US$0.20 at a price of 563.4705 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew PLC holds 31,853,000 ordinary shares in treasury, and has 914,538,904 ordinary shares in issue (excluding treasury shares).

Paul Chambers
Company Secretary

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