Director Shareholding

Smith & Nephew Plc
10 May 2001



We have been notified today that Dr Rolf Stomberg, a director of the Company,
acquired on 9 May 2001, 6,000 ordinary shares at a price of £3.31.  Dr
Stomberg now has an interest in 6,864 ordinary shares representing 0.0007% of
the issued ordinary share capital of the Company.

Yours faithfully,





P.R. Chambers
Assistant Company Secretary