Transaction in Own Shares

Smith & Nephew Plc
11 February 2008



11 February 2008

Transaction in own shares.


Smith & Nephew plc announces that on 11 February 2008 it purchased 137,000
ordinary shares of US$0.20 each at a price of 654.3110 pence per share. The
purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 56,034,000 ordinary
shares in treasury, and has 891,897,150 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