Transaction in Own Shares

Smith & Nephew Plc
10 July 2007



10 July  2007



Transaction in own shares.


Smith & Nephew plc announces that on 10 July 2007 it purchased 700,000 ordinary
shares of US$0.20 each at a price of 614.3212 pence per share. The purchased
shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 22,568,000 ordinary
shares in treasury, and has 923,546,428 ordinary shares in issue (excluding
treasury shares).



Paul Chambers
Company Secretary



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