Smith & Nephew Plc Announces Transaction in Own Shares


LONDON--(Marketwire - August 19, 2008) -


Transaction in own shares.


Smith & Nephew plc announces that on 19 August 2008 it
purchased 100,000 ordinary shares of USUSD0.20 each at a price
of 633.3985 pence per share. The purchased shares will be held as
treasury shares.

Following the above purchase, Smith & Nephew plc
holds 64,474,483 ordinary shares in treasury, and
has 884,794,860 ordinary shares in issue (excluding treasury
shares).



Paul Chambers

Company Secretary

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