Transaction in Own Shares

GlaxoSmithKline PLC
25 July 2006

                              GlaxoSmithKline PLC

GlaxoSmithKline plc (the "Company") announces that in accordance with the
authority granted by shareholders at the Company's Annual General Meeting on 17
May 2006 it purchased 550,000 of its Ordinary shares of 25 pence each ("shares")
on 25 July 2006 at a price of 1536.1 pence per share.

The Company intends to hold these shares in Treasury.

Following the purchase of these shares, the Company holds 181,551,678 of its
shares in Treasury and has 5,803,104,735 shares in issue (excluding Treasury
shares).

This announcement does not constitute, or form part of, an offer or any
solicitation of an offer to purchase or subscribe for securities in any
jurisdiction.


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