Smith & Nephew PLC announces Transaction in Own Shares


London, UK -- (MARKET WIRE) -- May 16, 2007 --


Smith & Nephew PLC


16 May 2007


Smith & Nephew PLC - Transaction in Own Shares

Smith & Nephew PLC announces that on 16 May 2007 it purchased 666,000 ordinary shares of US$0.20 at a price of 635.83 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew PLC holds 11,191,000 ordinary shares in treasury, and has 934,456,726 ordinary shares in issue (excluding treasury shares).


Paul Chambers
Company Secretary




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