Smith & Nephew Plc announces Transaction in Own Shares


London, UK--(Marketwire - August 31, 2007) - Smith & Nephew PLC

31 August 2007

Smith & Nephew PLC - Transaction in Own Shares

Smith & Nephew PLC announces that on 31 August 2007 it purchased 169,000
ordinary shares of US$0.20 at a price of 581.8841 pence per share. The purchased
shares will be held as treasury shares.


Following the above purchase, Smith & Nephew PLC holds 34,017,000 ordinary
shares in treasury, and has 912,393,147 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