Smith & Nephew plc announces Transaction in own shares


London, UK--(Marketwire - March 6, 2008) - 6 March 2008

Transaction in own shares.

Smith & Nephew plc announces that on 6 March 2008 it purchased 200,000 ordinary shares of US$0.20 each at a price of 649.6326 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 57,729,000 ordinary shares in treasury, and has 890,476,335 ordinary shares in issue (excluding treasury shares).

Paul Chambers
Company Secretary



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