Transaction in Own Shares

Smith & Nephew Plc
24 October 2007

24 October  2007



Transaction in own shares.



Smith & Nephew plc announces that on 24 October 2007 it purchased 260,000
ordinary shares of US$0.20 each at a price of 627.3636 pence per share. The
purchased shares will be held as treasury shares.



Following the above purchase, Smith & Nephew plc holds 42,780,000 ordinary
shares in treasury, and has 903,803,964 ordinary shares in issue (excluding
treasury shares).





Paul Chambers

Company Secretary


                      This information is provided by RNS
            The company news service from the London Stock Exchange