Transaction in Own Shares

Smith & Nephew Plc
29 October 2007

29 October  2007


Transaction in own shares.


Smith & Nephew plc announces that on 29 October 2007 it purchased 250,000
ordinary shares of US$0.20 each at a price of 637.9385 pence per share. The
purchased shares will be held as treasury shares.


Following the above purchase, Smith & Nephew plc holds 43,490,000 ordinary
shares in treasury, and has 903,141,522 ordinary shares in issue (excluding
treasury shares).




Paul Chambers
Company Secretary


                      This information is provided by RNS
            The company news service from the London Stock Exchange