Transaction in Own Shares

Smith & Nephew Plc
30 March 2007

30 March 2007

Transaction in own shares.


Smith & Nephew plc announces that on 30 March 2007 it purchased 430,000 ordinary
shares of US$0.20 each at a price of 645.0351 pence per share. The purchased
shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 6,440,000 ordinary shares
in treasury, and has 938,923,309 ordinary shares in issue (excluding treasury
shares).


Paul Chambers

Company Secretary


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