Smith & Nephew PLC announces Transaction in own shares


London, UK--(Marketwire - February 11, 2008) -

11 February 2008

Transaction in own shares.


Smith & Nephew plc announces that on 11 February 2008 it purchased 137,000
ordinary shares of US$0.20 each at a price of 654.3110 pence per share. The
purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 56,034,000 ordinary
shares in treasury, and has 891,897,150 ordinary shares in issue (excluding
treasury shares).



Paul Chambers
Company Secretary




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