SOURCE: Smith & Nephew PLC

March 13, 2008 13:08 ET

Smith & Nephew PLC - Transaction in Own Shares

London, UK--(Marketwire - March 13, 2008) - 13 March 2008

Transaction in own shares.

Smith & Nephew plc announces that on 13 March 2008 it purchased 150,000 ordinary shares of US$0.20 each at a price of 615.6972 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 57,894,483 ordinary shares in treasury, and has 890,319,821 ordinary shares in issue (excluding treasury shares).

Paul Chambers

Company Secretary

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