SOURCE: Smith & Nephew PLC

August 15, 2008 11:57 ET

Smith & Nephew Plc - Transaction in Own Shares

London, UK--(Marketwire - August 15, 2008) -

Transaction in own shares.

Smith & Nephew plc announces that on 15 August 2008 it
purchased 175,000 ordinary shares of USUSD0.20 each at a price
of 620.9599 pence per share. The purchased shares will be held as
treasury shares. 

Following the above purchase, Smith & Nephew plc
holds 64,174,483 ordinary shares in treasury, and
has 885,073,160 ordinary shares in issue (excluding treasury shares).

Paul Chambers

Company Secretary

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