Smith & Nephew PLC announces: Transaction in Own Shares


London, UK -- (MARKET WIRE) -- May 9, 2007 --

9 May 2007

Transaction in own shares.

Smith & Nephew plc announces that on 9 May 2007 it purchased 475,000 ordinary shares of US$0.20 each at a price of 622.9402 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 8,315,000 ordinary shares in treasury, and has 937,269,619 ordinary shares in issue (excluding treasury shares).

Paul Chambers

Company Secretary

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