Smith & Nephew plc Release: Holding(s) in Company

LONDON, UK--(Marketwire - January 02, 2009) -

 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Name of company Smith & Nephew plc 2. Name of shareholder having a major interest Newton Investment Management Limited 3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person’s spouse or children under the age of 18 Non-beneficial 4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them ............................................... 5. Number of shares / amount of stock acquired ............................................... 6. Percentage of issued class ............................................... 7. Number of shares / amount of stock disposed 8. Percentage of issued class ............................................... 9. Class of security Ordinary shares of US 20 cents 10. Date of transaction 29.12.08 11. Date company informed 2.1.09 12. Total holding following this notification 44,167,524 13. Total percentage holding of issued class following this notification 5.00% 14. Any additional information This notification is further to the receipt of a TR1 Form in accordance with the Disclosure and Transparency Rules. 15. Name of contact and telephone number for queries Paul Chambers - Company Secretary 020 7960 2312 16. Name and signature of authorised company official responsible for making this notification Paul Chambers - Company Secretary Date of notification 2.1.09 The FSA does not give any express or implied warranty as to the accuracy of this document or material and does not accept any liability for error or omission. The FSA is not liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this document, or any material contained in it, or from any action or decision taken as a result of using this document or any such material. This information is provided by RNS The company news service from the London Stock Exchange END