LONDON, Oct 15, 2009 (MARKETWIRE via COMTEX) ----

   NOTIFICATION OF MAJOR INTERESTS IN SHARES
   1. Name of company
   Smith & Nephew plc
   2. Name of shareholder having a major interest
   Legal & General Group plc
   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
   Legal & General Assurance (Pensions Management) Limited (PMC)
   5. Number of shares / amount of stock acquired
   6. Percentage of issued class
   7. Number of shares / amount of stock disposed
   474,763
   8. Percentage of issued class
   9. Class of security
   Ordinary shares of US 20 cents
   10. Date of transaction
   13.10.2009
   11. Date company informed
   14.10.2009
   12. Total holding following this notification
   35,328,772
   13. Total percentage holding of issued class following this
   notification
   3.99%
   14. Any additional information
   Threshold decreased from 4% to 3%
   15. Name of contact and telephone number for queries
   Gemma Parsons - Assistant Company Secretary
   020 7960 2228
   16. Name and signature of authorised company official responsible for
   making this notification
   Gemma Parsons - Assistant Company Secretary
   Date of notification
   15.10.2009
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   This information is provided by RNS
   The company news service from the London Stock Exchange
   END
   
   

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SOURCE: Smith & Nephew Plc

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