Smith & Nephew plc-Director/PDMR Shareholding-3

LONDON--(Marketwire - March 18, 2009) -

Annex DTR3 Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons All relevant boxes should be completed in block capital letters. 1. Name of the issuer 2. State whether the notification relates to (i) a transaction notified SMITH & NEPHEW PLC in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006). (i) 3. Name of person discharging 4. State whether notification managerial responsibilities/ relates to a person director connected with a person discharging managerial responsibilities/ GORDON HOWE director named in 3 and identify the connected person N/A 5. Indicate whether the notification 6. Description of shares is in respect of a holding of the (including class), person referred to in 3 or 4 above debentures or derivatives or or in respect of a nonbeneficial financial instruments interest 1 relating to shares GORDON HOWE i) AMERICAN DEPOSITARY SHARES ii) AMERICAN DEPOSITARY SHARES iii) ORDINARY SHARES 7. Name of registered shareholders(s) 8. State the nature of the and, if more than one, the number transaction of shares held by each of them GORDON HOWE i) ACQUISITION AND SALE OF ADS UNDER THE SMITH & NEPHEW PERFORMANCE SHARE PLAN ii)ACQUISITION AND SALE OF ADS UNDER THE SMITH & NEPHEW CO-INVESTMENT PLAN iii) VESTING OF 59% OF OPTION GRANTED ON 13/03/2006 UNDER THE SMITH & NEPHEW EXECUTIVE SHARE OPTION PLAN (41% LAPSED) 9. Number of shares, debentures or 10. Percentage of issued class financial instruments relating acquired (treasury shares to shares acquired of that class should not be taken into account when calculating percentage) i) 700 ADS LESS THAN 0.01% ii) 670 ADS 11. Number of shares, debentures or 12. Percentage of issued class financial instruments relating disposed (treasury shares to shares disposed of that class should not be taken into account when calculating percentage) i) 700 ADS LESS THAN 0.01% ii) 1068 ADS 13. Price per share or value of 14. Date and place of transaction transaction i) USD32.04 PER ADS i) 13 MARCH 2009 ii) USD32.04 PER ADS ii) 13 MARCH 2009 iii) 13 MARCH 2009 15. Total holding following 16. Date issuer informed of notification and total percentage transaction holding following notification (any treasury shares should not be taken into account when calculating percentage) i) 17 MARCH 2009 3,938 ADS ii) 17 MARCH 2009 iii) 17 MARCH 2009 If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes 17. Date of grant 18. Period during which or date on which exercisable N/A N/A 19. Total amount paid (if any) for 20. Description of shares or grant of the option debentures involved (class and number) N/A N/A 21. Exercise price (if fixed at time 22. Total number of shares or of grant) or indication that debentures over price is to be fixed at the time which options held of exercise following notification 101,735 N/A 23. Any additional information 24. Name of contact and telephone number for queries I) VESTING OF 46% OF THE PSP AWARD MADE ON THE 13 MARCH 2006 UNDER GEMMA PARSONS THE 2004 PLAN. 700 ADS WERE SUBSEQUENTLY SOLD. ASSISTANT COMPANY SECRETARY II) VESTING OF THE BONUS AND SHARES AWARDED ON 13 MARCH 2006 UNDER 020 7960 2228 THE 2004 CO-INVESTMENT PLAN. 1068 ADS WERE SUBSEQUENTLY SOLD. III) OPTION OVER 12,918 SHARES AT AN EXERCISE PRICE OF 514P PER SHARE VESTED CAN NOW BE EXERCISED. 1ADS = 5 ORDINARY SHARES OF USD0.20 EACH Name of authorised official of issuer responsible for making notification GEMMA PARSONS ASSISTANT COMPANY SECRETARY Date of notification __17 MARCH 2009______ Notes: This form is intended for use by an issuer to make a RIS notification required by DR 3.3.(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. This information is provided by RNS The company news service from the London Stock Exchange END