Transaction in Own Shares

Smith & Nephew Plc
24 July 2007



24 July  2007

Transaction in own shares.


Smith & Nephew plc announces that on 24 July 2007 it purchased 575,000 ordinary
shares of US$0.20 each at a price of 607.6394 pence per share. The purchased
shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 27,508,000 ordinary
shares in treasury, and has 918,773,584 ordinary shares in issue (excluding
treasury shares).


Paul Chambers
Company Secretary




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