Analyst Briefing

Smith & Nephew Plc
21 January 2004


SMITH & NEPHEW TO HOLD ANALYST BRIEFING AT THE AMERICAN ACADEMY OF ORTHOPAEDIC
SURGEONS MEETING

21 January 2004

Smith & Nephew plc will hold a meeting for analysts and investors at the
American Academy of Orthopaedic Surgeons (AAOS) on 10 March 2004 at 8.00am at
the Westin St Francis Hotel in San Francisco.  The presentation, which will be
audio webcast live on the Smith & Nephew website, will focus on the products
being exhibited by the orthopaedic and endoscopy businesses at the surgeon
meeting, the largest orthopaedic congress in the world.  The analysts meeting
will be hosted by Dave Illingworth, President of Smith & Nephew's orthopaedics
business, and Jim Taylor, President of the endoscopy business.


About Us

Smith & Nephew (LSE: SN, NYSE:SNN) is one of the world's leading medical devices
companies, specialising in Orthopaedics, Endoscopy and Advanced Wound
Management.  Smith & Nephew ranks as the global leader in arthroscopy and
advanced wound management and is the fastest growing full-line orthopaedics
company in the world.

Smith & Nephew is dedicated to helping improve people's lives.  The company
prides itself on the strength of its relationships with its surgeon and
healthcare professional customers, with whom its name is synonymous with the
highest standards of performance, innovation and trust.  The company has 7,000
employees and operates in 32 countries around the world, generating sales of
over £1 billion.

Enquiries:

Smith & Nephew
Peter Nind                                        Tel: [phone]
Corporate Affairs Manager

Financial Dynamics - London
David Yates                                       Tel: [phone]

Financial Dynamics - New York
Deborah Ardern-Jones                              Tel: [phone]



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