SOURCE: Smith & Nephew PLC

August 18, 2008 12:19 ET

Smith & Nephew Plc - Transaction in Own Shares

LONDON--(Marketwire - August 18, 2008) -

Transaction in own shares.

Smith & Nephew plc announces that on 18 August 2008 it purchased 200,000 ordinary shares of USUSD0.20 each at a price of 620.1681 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 64,374,483 ordinary shares in treasury, and has 884,894,860 ordinary shares in issue (excluding treasury shares).

Paul Chambers
Company Secretary

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