Director Shareholding

Smith & Nephew Plc
16 March 2005

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS



1. Name of company


Smith & Nephew plc



2. Name of director


Peter Hooley



3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest


Peter Hooley



4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)


Abacus Corporate Trustee Limited



5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)


N/A



6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary


Shares purchased under the Co-investment Plan



7. Number of shares / amount of stock acquired


7,479



8. Percentage of issued class


Less than 0.1%



9. Number of shares/amount of stock disposed






10. Percentage of issued class






11. Class of security


Ordinary shares of 12 2/9p



12. Price per share


535.1p



13. Date of transaction


15 March 2005



14. Date company informed


16 March 2005



15. Total holding following this notification


227,340



16. Total percentage holding of issued class following this notification


Less than 0.1%



If a director has been granted options by the company please complete the
following boxes.



17. Date of grant






18. Period during which or date on which exercisable






19. Total amount paid (if any) for grant of the option






20. Description of shares or debentures involved: class, number






21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise






22. Total number of shares or debentures over which options held following this
notification






23. Any additional information






24. Name of contact and telephone number for queries


Kate Cummins 020 7960 2251



25. Name and signature of authorised company official responsible for making
this notification


Kate Cummins (Company Secretarial Assistant)



Date of Notification


16.03.05



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