Smith & Nephew - Transaction in Own Shares


London, UK--(Marketwire - February 14, 2008) - 14 February 2008

Transaction in own shares.

Smith & Nephew plc announces that on 14 February 2008 it purchased 225,000 ordinary shares of US$0.20 each at a price of 674.0667 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 56,409,000 ordinary shares in treasury, and has 891,630,650 ordinary shares in issue (excluding treasury shares).

Paul Chambers

Company Secretary

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