Transaction in Own Shares

Smith & Nephew Plc
08 February 2008


8 February 2008


Transaction in own shares.


Smith & Nephew plc announces that on 8 February 2008 it purchased 180,000
ordinary shares of US$0.20 each at a price of 658.9315 pence per share. The
purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 55,897,000 ordinary
shares in treasury, and has 892,020,301 ordinary shares in issue (excluding
treasury shares).


Paul Chambers
Company Secretary



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