Smith & Nephew PLC - Transaction in Own Shares


London, UK--(Marketwire - August 21, 2008) -



Transaction in own shares.


Smith & Nephew plc announces that on 21 August 2008 it
purchased 200,000 ordinary shares of USUSD0.20 each at a price
of 632.6859 pence per share. The purchased shares will be held as
treasury shares. 

Following the above purchase, Smith & Nephew plc
holds 64,814,483 ordinary shares in treasury, and
has 884,454,860 ordinary shares in issue (excluding treasury shares).



Paul Chambers

Company Secretary

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