London, UK--(Marketwire - August 24, 2007) - Smith & Nephew PLC

24 August 2007

Smith & Nephew PLC - Transaction in Own Shares

Smith & Nephew PLC announces that on 24 August 2007 it purchased 285,000 ordinary shares of US$0.20 at a price of 574.6939 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew PLC holds 33,323,000 ordinary shares in treasury, and has 913,084,404 ordinary shares in issue (excluding treasury shares).

Paul Chambers
Company Secretary

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