SOURCE: Smith & Nephew PLC

February 19, 2008 13:04 ET

Smith & Nephew PLC announces Transaction in Own Shares

London, UK--(Marketwire - February 19, 2008) -

19 February 2008

Transaction in own shares.

Smith & Nephew plc announces that on 19 February 2008 it purchased 150,000
ordinary shares of US$0.20 each at a price of 682.1439 pence per share. The
purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 56,679,000 ordinary
shares in treasury, and has 891,408,247 ordinary shares in issue (excluding
treasury shares).

Paul Chambers
Company Secretary

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