SOURCE: Smith & Nephew PLC

August 23, 2007 12:45 ET

Smith & Nephew PLC - Transaction in Own Shares

London, UK--(Marketwire - August 23, 2007) - Smith & Nephew PLC

23 August 2007

Smith & Nephew PLC - Transaction in Own Shares

Smith & Nephew PLC announces that on 23 August 2007 it purchased 925,000 ordinary shares of US$0.20 at a price of 570.1785 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew PLC holds 33,038,000 ordinary shares in treasury, and has 913,365,904 ordinary shares in issue (excluding treasury shares).

Paul Chambers
Company Secretary




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