SOURCE: Smith & Nephew PLC

November 16, 2007 12:12 ET

Smith & Nephew PLC announces Transaction in Own Shares

London, UK--(Marketwire - November 16, 2007) -

Smith & Nephew PLC

16 November 2007

Smith & Nephew PLC - Transaction in Own Shares

Smith & Nephew PLC announces that on 16 November 2007 it purchased 330,000
ordinary shares of US$0.20 at a price of 576.417 pence per share. The purchased
shares will be held as treasury shares.

Following the above purchase, Smith & Nephew PLC holds 48,280,000 ordinary
shares in treasury, and has 899,038,403 ordinary shares in issue (excluding
treasury shares).

Paul Chambers
Company Secretary

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