Smith & Nephew PLC announces Transaction in own shares


London, UK--(Marketwire - January 25, 2008) -


25 January 2008

Transaction in own shares.

Smith & Nephew plc announces that on 25 January 2008 it purchased 160,000
ordinary shares of US$0.20 each at a price of 616.0162 pence per share. The
purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 54,507,000 ordinary
shares in treasury, and has 893,265,160 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