Smith & Nephew PLC announces Transaction in Own Shares


London, UK--(Marketwire - October 31, 2007) -

31 October  2007


Transaction in own shares.

Smith & Nephew plc announces that on 31 October 2007 it purchased 230,000
ordinary shares of US$0.20 each at a price of 642.6051 pence per share. The
purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 43,950,000 ordinary
shares in treasury, and has 902,705,122 ordinary shares in issue (excluding
treasury shares).


Paul Chambers
Company Secretary



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