Deutsche Bank Appointed as Successor Depositary Bank for the NYSE-Listed American Depositary Receipt Program of Smith & Nephew Plc

Deutsche Bank today announced its appointment as successor depositary bank for the sponsored Level III NYSE-listed American Depositary Receipt program of Smith & Nephew plc (Smith & Nephew).

Smith & Nephew (NYSE:SNN) is a global medical technology business dedicated to helping improve people's lives. The company has leadership positions in orthopedic reconstruction, advanced wound management, sports medicine, as well as extremity trauma and fixation. Smith & Nephew’s revenue for 2013 was over USD 4.3 billion.*

*Source: Smith & Nephew plc (October 2014)

This announcement appears as a matter of record only. This announcement has been approved and/or communicated by Deutsche Bank AG New York.

American Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the "Act"). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Conduct Authority. This notice has been approved and/or communicated by Deutsche Bank AG New York. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant or in any way represent, as to the accuracy or completeness of the details contained herein or therein. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright© October 2014 Deutsche Bank AG. All rights reserved.