Smith & Nephew Plc announces Transaction in Own Shares(2)


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 purchased 304,000 ordinary shares of USD0.20 at a price of 634.29 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew PLC holds 11,245,000 ordinary shares in treasury, and has 934,416,576 ordinary shares in issue (excluding treasury shares).

Paul Chambers
Company Secretary



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