SOURCE: Smith & Nephew PLC

March 14, 2008 12:55 ET

Smith & Nephew PLC announces Transaction in Own Shares

London, UK--(Marketwire - March 14, 2008) -

14 March 2008

Transaction in own shares.

Smith & Nephew plc announces that on 14 March 2008 it purchased 150,000 ordinary shares of US$0.20 each at a price of 618.1896 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 58,044,483 ordinary shares in treasury, and has 890,182,664 ordinary shares in issue (excluding treasury shares).

Paul Chambers
Company Secretary

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