Smith & Nephew Plc - Transaction in own shares


London, UK--(Marketwire - October 22, 2007) -

Smith & Nephew plc announces that on 22 October 2007 it purchased 250,000 ordinary shares of US$0.20 each at a price of 608.3058 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 42,290,000 ordinary shares in treasury, and has 904,291,014 ordinary shares in issue (excluding treasury shares).


Paul Chambers
Company Secretary

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