London, UK -- (MARKET WIRE) -- May 17, 2007 --Smith & Nephew PLC
17 May 2007
Smith & Nephew PLC - Transaction in Own Shares
Smith & Nephew PLC announces that on 17 May 2007 it transferred 250,000 ordinary shares of USD0.20 to Abacus Corporate Trustee Limited, the Trustee of the Smith & Nephew 2004 Employees' Share Trust. The shares will be used to satisfy options and awards under the 2004 Senior Executive Share Plans.
The transferred shares were all formerly held as Treasury Shares.
Following the above transfer, Smith & Nephew PLC holds 10,941,000 ordinary shares in treasury, and has 934,720,576 ordinary shares in issue (excluding treasury shares).
Paul Chambers
Company Secretary
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