SOURCE: Smith & Nephew PLC

September 07, 2007 12:43 ET

Smith & Nephew PLC announces Transaction in Own Shares

London, UK--(Marketwire - September 7, 2007) -

Smith & Nephew PLC

7 September 2007

Smith & Nephew PLC - Transaction in Own Shares

Smith & Nephew PLC announces that on 7 September 2007 it purchased 250,000
ordinary shares of US$0.20 at a price of 575.046 pence per share. The purchased
shares will be held as treasury shares.

Following the above purchase, Smith & Nephew PLC holds 35,042,000 ordinary
shares in treasury, and has 911,378,547 ordinary shares in issue (excluding
treasury shares).

Paul Chambers

Company Secretary

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