Smith & Nephew PLC announces Transaction in Own Shares


London, UK--(Marketwire - July 4, 2007) -


4 July  2007


Transaction in own shares.

Smith & Nephew plc announces that on 4 July 2007 it purchased 475,000 ordinary shares of US$0.20 each at a price of 630.0811 pence per share. The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc holds 19,888,000 ordinary shares in treasury, and has 926,184,311 ordinary shares in issue (excluding treasury shares).

Paul Chambers
Company Secretary


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