Smith & Nephew Plc - Transaction in Own Shares

June 27, 2008 12:03 PM EDT

London, UK -- (MARKET WIRE) -- 06/27/08 --



Transaction in own shares.


Smith & Nephew plc announces that on 27 June 2008 it purchased 175,000
ordinary shares of USUSD0.20 each at a price of 553.5769 pence per share.
The purchased shares will be held as treasury shares.

Following the above purchase, Smith & Nephew plc
holds 63,474,483 ordinary shares in treasury, and
has 885,430,797 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

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