Transaction in Own Shares

Smith & Nephew Plc
07 March 2008

7 March 2008

Transaction in own shares.

Smith & Nephew plc announces that on 7 March 2008 it purchased 200,000 ordinary
shares of US$0.20 each at a price of 652.0574 pence per share. The purchased
shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 57,929,000 ordinary
shares in treasury, and has 890,277,785 ordinary shares in issue (excluding
treasury shares).

Paul Chambers
Company Secretary


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