London, UK--(Marketwire - June 11, 2007) -

Smith & Nephew PLC

11 June 2007

Smith & Nephew PLC - Transaction in Own Shares

Smith & Nephew PLC announces that on 11 June 2007 it purchased 350,000 ordinary shares of US$0.20 at a price of 607.2 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew PLC holds 14,770,000 ordinary shares in treasury, and has 931,052,693 ordinary shares in issue (excluding treasury shares).

Paul Chambers Company Secretary

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