Response to press speculation

Mitchells & Butlers plc (Mitchells & Butlers) notes the recent press speculation regarding the Orchid Group (Orchid).

Mitchells & Butlers confirms that it has entered into exclusive discussions regarding the potential acquisition of the majority of the Orchid estate.

Discussions are ongoing and there can be no certainty that a transaction will be concluded.

A further announcement will be made in due course as appropriate.