Transaction in Own Shares

Smith & Nephew Plc
13 February 2008


13 February 2008

Transaction in own shares.


Smith & Nephew plc announces that on 13 February 2008 it purchased 150,000
ordinary shares of US$0.20 each at a price of 678.9426 pence per share. The
purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 56,184,000 ordinary
shares in treasury, and has 891,818,350 ordinary shares in issue (excluding
treasury shares).


Paul Chambers
Company Secretary


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