Directors' Notification of Dealing in Shares

Smith & Nephew Plc
30 June 2000


We have been notified today, that Mr Dudley Eustace, a
director of Smith & Nephew plc, acquired on 29 June 50,000
ordinary shares of 10 pence each at 226 pence per share.
Mr Eustace now has an interest in 50,000 ordinary shares of
the Company (0.004% of the issued ordinary share capital).

P.R. Chambers
Assistant Company Secretary