SOURCE: Smith & Nephew PLC

October 23, 2007 12:46 ET

Smith & Nephew PLC - Transaction in own shares

London, UK--(Marketwire - October 23, 2007) - 23 October 2007

Transaction in own shares.

Smith & Nephew plc announces that on 23 October 2007 it purchased 230,000 ordinary shares of US$0.20 each at a price of 624.5082 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 42,520,000 ordinary shares in treasury, and has 904,063,964 ordinary shares in issue (excluding treasury shares).


Paul Chambers
Company Secretary


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