SOURCE: Smith & Nephew PLC

September 12, 2007 13:18 ET

Smith & Nephew PLC announces Transaction in Own Shares

London, UK--(Marketwire - September 12, 2007) -

Smith & Nephew PLC

12 September 2007

Smith & Nephew PLC - Transaction in Own Shares

Smith & Nephew PLC announces that on 12 September 2007 it purchased 250,000 ordinary shares of US$0.20 at a price of 576.2716 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew PLC holds 35,818,000 ordinary shares in treasury, and has 910,616,547 ordinary shares in issue (excluding treasury shares).

Paul Chambers

Company Secretary

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