Transaction in Own Shares

Smith & Nephew Plc
12 September 2007



Smith & Nephew PLC


12 September 2007

Smith & Nephew PLC - Transaction in Own Shares


Smith & Nephew PLC announces that on 12 September 2007 it purchased 250,000
ordinary shares of US$0.20 at a price of 576.2716 pence per share. The purchased
shares will be held as treasury shares.


Following the above purchase, Smith & Nephew PLC holds 35,818,000 ordinary
shares in treasury, and has 910,616,547 ordinary shares in issue (excluding
treasury shares).



Paul Chambers

Company Secretary






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