Transaction in Own Shares

Smith & Nephew Plc
31 August 2007






Smith & Nephew PLC


31 August 2007

Smith & Nephew PLC - Transaction in Own Shares


Smith & Nephew PLC announces that on 31 August 2007 it purchased 169,000
ordinary shares of US$0.20 at a price of 581.8841 pence per share. The purchased
shares will be held as treasury shares.


Following the above purchase, Smith & Nephew PLC holds 34,017,000 ordinary
shares in treasury, and has 912,393,147 ordinary shares in issue (excluding
treasury shares).



Paul Chambers

Company Secretary






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