Smith & Nephew PLC announces Transaction in Own Shares


London, UK -- (MARKET WIRE) -- February 13, 2007 --

13 February 2007

Transaction in own shares.

Smith & Nephew plc announces that on 13 February 2007 it purchased 475,000 ordinary shares of US$0.20 each at a price of 616.3443 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 1,175,000 ordinary shares in treasury, and has 943,257,107 ordinary shares in issue (excluding treasury shares).

Paul Chambers
Company Secretary



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