Transaction in Own Shares

Smith & Nephew Plc
07 May 2008


7 May 2008


Transaction in own shares.


Smith & Nephew plc announces that on 7 May 2008 it purchased 180,000 ordinary
shares of US$0.20 each at a price of 553.1634 pence per share. The purchased
shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 59,104,483 ordinary
shares in treasury, and has 889,662,936 ordinary shares in issue (excluding
treasury shares).


Paul Chambers
Company Secretary


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