SOURCE: Smith & Nephew PLC

September 03, 2007 12:26 ET

Smith & Nephew PLC announces Transaction in Own Shares

London, UK--(Marketwire - September 3, 2007) -

Smith & Nephew PLC

3 September 2007

Smith & Nephew PLC - Transaction in Own Shares

Smith & Nephew PLC announces that on 3 September 2007 it purchased 100,000
ordinary shares of US$0.20 at a price of 583.3128 pence per share. The purchased
shares will be held as treasury shares.

Following the above purchase, Smith & Nephew PLC holds 34,117,000 ordinary
shares in treasury, and has 912,293,147 ordinary shares in issue (excluding
treasury shares).

Paul Chambers
Company Secretary




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