Transaction in Own Shares

Smith & Nephew Plc
19 February 2008


19 February 2008


Transaction in own shares.


Smith & Nephew plc announces that on 19 February 2008 it purchased 150,000
ordinary shares of US$0.20 each at a price of 682.1439 pence per share. The
purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 56,679,000 ordinary
shares in treasury, and has 891,408,247 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