Smith & Nephew PLC announces Transaction in Own Shares


London, UK--(Marketwire - January 22, 2008) -

22 January 2008

Transaction in own shares.

Smith & Nephew plc announces that on 22 January 2008 it purchased 150,000 ordinary shares of US$0.20 each at a price of 596.9812 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 53,997,000 ordinary shares in treasury, and has 893,767,604 ordinary shares in issue (excluding treasury shares).


Paul Chambers
Company Secretary


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