Transaction in Own Shares

Smith & Nephew Plc
15 June 2007






Smith & Nephew PLC


15 June 2007


Smith & Nephew PLC - Transaction in Own Shares


Smith & Nephew PLC announces that on 15 June 2007 it purchased 340,000 ordinary
shares of US$0.20 at a price of 621.9641 pence per share. The purchased shares
will be held as treasury shares.

Following the above purchase, Smith & Nephew PLC holds 16,328,000 ordinary
shares in treasury, and has 929,547,003 ordinary shares in issue (excluding
treasury shares).



Paul Chambers
Company Secretary




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