London, UK--(Marketwire - December 12, 2007) -

Smith & Nephew PLC

12 December 2007

Smith & Nephew PLC - Transaction in Own Shares

Smith & Nephew PLC announces that on 12 December 2007 it purchased 360,000 ordinary shares of US$0.20 at a price of 602.211 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew PLC holds 50,720,000 ordinary shares in treasury, and has 896,736,138 ordinary shares in issue (excluding treasury shares).

Paul Chambers
Company Secretary

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