Purchase of own shares

Smiths Group PLC
27 June 2007


Smiths Group - Return of Cash - Purchase of own shares

Following the purchase by JPMorgan Cazenove from Shareholders of 224,439,118 B
Shares pursuant to the Initial Purchase Offer made by JPMorgan Cazenove as
announced on 25 June 2007, these B Shares have been purchased by the Company
from JPMorgan Cazenove for an amount equal to 365 pence per B share and will be
cancelled by the Company.

The Company has also purchased the Deferred Shares arising on the automatic
conversion of the 348,205,433 B Shares in respect of which the Single B Share
Dividend is payable, for an aggregate consideration of one penny, and these
Deferred Shares will also be cancelled by the Company.

The remaining 4,926,594 B Shares, in respect of which elections were made to
retain B Shares, will continue to be in issue.

Terms defined in the Circular to Shareholders dated 16 May 2007 have the same
meaning when used in this announcement.

For further information:

Smiths Group plc:                                        020 8458 3232

Russell Plumley


JPMorgan Cazenove:                                       020 7588 2828

Edmund Byers

Matthew Lawrence


Credit Suisse Securities (Europe) Limited:               020 7888 8888

James Leigh-Pemberton

Tristan Lovegrove


JPMorgan Cazenove Limited, which is authorised and regulated in the United
Kingdom by the FSA, is acting for Smiths and no-one else in connection with the
Return of Cash and will not be responsible to anyone other than Smiths for
providing the protections afforded to clients of JPMorgan Cazenove Limited or
for providing advice in relation to the Return of Cash.


Credit Suisse Securities (Europe) Limited, which is authorised and regulated in
the United Kingdom by the FSA, is acting for Smiths and no-one else in
connection with the Return of Cash and will not be responsible to anyone other
than Smiths for providing the protections afforded to clients of Credit Suisse
Securities (Europe) Limited or for providing advice in relation to the Return of
Cash.


                      This information is provided by RNS
            The company news service from the London Stock Exchange