Transaction in Own Shares

Smith & Nephew Plc
10 October 2007

10 October  2007


Transaction in own shares.


Smith & Nephew plc announces that on 10 October 2007 it purchased 235,000
ordinary shares of US$0.20 each at a price of 613.7644 pence per share. The
purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 40,370,000 ordinary
shares in treasury, and has 906,145,280 ordinary shares in issue (excluding
treasury shares).



Paul Chambers
Company Secretary



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