LONDON--(Marketwire - February 23, 2009) -


1. Name of company

Smith & Nephew plc 

2. Name of shareholder having a major interest

Newton Investment Management Limited 

3. Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is
a holding of that person's spouse or children under the age of 18


4. Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them


5. Number of shares / amount of stock acquired


6. Percentage of issued class


7. Number of shares / amount of stock disposed

3,147, 393

8. Percentage of issued class


9. Class of security

Ordinary shares of US 20 cents

10. Date of transaction


11. Date company informed


12. Total holding following this notification


13. Total percentage holding of issued class following this


14. Any additional information

This notification is further to the receipt of a TR1 Form in accordance
with the Disclosure and Transparency Rules.

15. Name of contact and telephone number for queries

Gemma Parsons - Assistant Company Secretary
020 7960 2228

16. Name and signature of authorised company official responsible for
making this notification

Gemma Parsons - Assistant Company Secretary

Date of notification


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