Transaction in Own Shares

Smith & Nephew Plc
11 March 2008



11 March 2008

Transaction in own shares.


Smith & Nephew plc announces that on 11 March 2008 it purchased 150,000 ordinary
shares of US$0.20 each at a price of 637.4433 pence per share. The purchased
shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 58,079,000 ordinary
shares in treasury, and has 890,127,785 ordinary shares in issue (excluding
treasury shares).


Paul Chambers
Company Secretary



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