London, UK, Nov. 3, 2009 (Marketwire) --

London, UK -- (Marketwire) -- 11/03/09 --

Smith & Nephew plc

3 November 2009

Smith & Nephew plc - Transaction in Own Shares

Smith & Nephew plc announces that on 2 November 2009 it transferred a
total of 571,733 ordinary shares of USD0.20 each to participants of the Smith & Nephew ShareSave Plan and the Smith & Nephew International
ShareSave Plan, following the maturity of options on 1 November 2009.

The shares, which were all formerly held as Treasury shares, were
transferred as follows:

  - 445,265 ordinary shares at an exercise price of 348p per share; and

  - 118,640 ordinary shares at an exercise price of 394p per share; and

  - 6,352 ordinary shares at an exercise price of 432p per share; and

  - 571 ordinary shares at an exercise price of 451p per share; and

  - 905 ordinary shares at an exercise price of 498p per share.

Following the above transactions, Smith & Nephew plc holds 65,013,178 ordinary shares in treasury, and has 885,308,560 ordinary shares in issue (excluding treasury shares).

Susan Henderson
Company Secretary

                    This information is provided by RNS
          The company news service from the London Stock Exchange

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