Smith & Nephew Plc - Transaction in Own Shares


London, UK--(Marketwire - September 2, 2008) -





Smith & Nephew PLC


2 September 2008

Smith & Nephew PLC - Transaction in Own Shares


Smith & Nephew PLC announces that on 2
September 2008 it transferred 450,000 ordinary shares of USUSD0.20 to RBC
Cees Trustee Limited, the Trustee of the Smith & Nephew 2004
Employees' Share Trust. The shares will be used to satisfy options and
awards under various Company Share Plans. 


The transferred shares were all formerly held as Treasury Shares. 


Following the above transfer, Smith & Nephew PLC
holds 65,150,683 ordinary shares in treasury, and
has 884,373,692 ordinary shares in issue (excluding treasury shares).



Paul Chambers

Company Secretary



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