Smith & Nephew Endoscopy Dedicates Expanded Mansfield Facility

Smith & Nephew, Inc., Endoscopy Division, a subsidiary of Smith & Nephew plc (NYSE: SNN) (London Stock Exchange: SN), today dedicated its newly expanded facility in Mansfield, Mass. Located at 130 Forbes Boulevard, the recently completed expansion increases the size of the facility by more than 60 percent, to nearly 100,000 square feet.

Endoscopic medical instruments and implantable devices used for the repair of shoulders and knees are designed, developed and produced at the Mansfield site. The facility is home to research and development as well as manufacturing processes including machining, hand finishing and sterile packaging. In addition, this state-of-the-art facility also contains the InVentures program, a company initiative enabling surgeons to work directly with a Smith & Nephew multi-disciplined team to develop concepts and explore the commercialization of their technique or instrumentation.

The company, a world leader in the development of endoscopic techniques employs nearly 1000 people in Massachusetts. The Mansfield workforce grew nearly 10 percent in 2001 to a total of 220 employees. It's estimated that another 25 jobs will be added during 2002.

"It is because of a dedicated and experienced workforce that we chose to expand here in Mansfield," said Ron Sparks, president, Smith & Nephew Inc., Endoscopy Division. "In addition, the expansion was designed to provide for our technology and staffing needs well into the future."

Among the innovative medical devices made in Mansfield are BioRCI™-HA, bioabsorbable screws for the repair of anterior and posterior cruciate ligaments, the FasT-Fix™ Meniscal Repair System, the first easy-to-use suture-based implant for meniscal repair and the HandTact™ Instrument Set, a group of lightweight, palm-sized laparoscopic tools specifically designed for surgeons to use with their non-dominant hand during hand-assisted laparoscopic surgery.

The company headquarters is located in Andover, Mass., with additional manufacturing facilities located in Andover and Oklahoma City and service centers in Godmanchester, UK, Tuttlingen, Germany, Johannesburg, South Africa, Tokyo, Brisbane, Australia, Missaussauga, Canada and Saõ Paulo, Brazil.

About Smith & Nephew Inc., Endoscopy Division

Smith & Nephew Endoscopy is a world leader in the development and commercialization of endoscopic techniques. Within endoscopy, Smith & Nephew is the recognized world leader in arthroscopy (endoscopic procedures performed on articulating joints).

It is one of the core business units of Smith & Nephew plc, (NYSE: SNN) (London Stock Exchange: SN), a leading worldwide medical devices company with a highly successful track record in developing, manufacturing and marketing a wide variety of innovative and technologically advanced tissue repair products. These products are primarily in the areas of bone, joints, skin and other soft tissue. Smith & Nephew has extensive marketing and distribution capabilities, with established sales in more than 90 countries.

Forward-Looking Statements

This press release contains forward-looking statements. The company wishes to caution the reader that actual results may differ from those discussed in the forward-looking statements and may be adversely affected by, among other things, risks associated with new product development and commercialization, clinical trials, intellectual property, regulatory approvals, competitive offerings, the company's overall business strategy and other factors.

Press Contact

Joe Metzger, Smith & Nephew Endoscopy, (978) 749-1330