Transaction in Own Shares

Smith & Nephew Plc
11 October 2007

11 October  2007



Transaction in own shares.


Smith & Nephew plc announces that on 11 October 2007 it purchased 220,000
ordinary shares of US$0.20 each at a price of 615.949 pence per share. The
purchased shares will be held as treasury shares.



Following the above purchase, Smith & Nephew plc holds 40,590,000 ordinary
shares in treasury, and has 905,927,280 ordinary shares in issue (excluding
treasury shares).





Paul Chambers

Company Secretary


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