SOURCE: Smith & Nephew PLC

March 04, 2008 12:11 ET

Smith & Nephew PLC announces Transaction in Own Shares

London, UK--(Marketwire - March 4, 2008) -

4 March 2008

Transaction in own shares.

Smith & Nephew plc announces that on 4 March 2008 it purchased 200,000 ordinary
shares of US$0.20 each at a price of 644.5542 pence per share. The purchased
shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 57,329,000 ordinary
shares in treasury, and has 890,863,974 ordinary shares in issue (excluding
treasury shares).

Paul Chambers
Company Secretary

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