| TR-1:Notifications of Major Interests in Shares |
| Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Mitchells & Butlersplc |
| 2: Reason for notification(yes/no) | ||
| An acquisition or disposal of voting rights | no | |
| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | no | |
| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | no | |
| An event changing the breakdown of voting rights | no | |
| Other (please specify): | Yes |
| Richard Anthony McGuire | |
| 4.Full name of shareholder(s)(if different from 3.): | Vidacos NomineesLimited |
| 28 January 2010 | |
| 6. Date on which issuer notified: | 28 January 2010 |
| 7. Threshold(s) that is/are crossed or reached: | 22.82% |
| 8: Notified Details | ||||
| Voting rights attached to shares | ||||
| Class/type of shareIf possible use ISIN code | GB00B1FP6H53 | |||
| Situation previous to the triggering transaction | ||||
| Number of shares | Number of voting rights | |||
| 0 | 0 | |||
| Resulting situation after the triggering transaction | ||||
| Number of shares | Number of voting rights | |||
| Direct | Indirect | Direct | Indirect | |
| 93,047,333 | 93,047,333 | 22.82% |
| QualifyingFinancial Instruments | ||||
| Resulting situation after the triggering transaction | ||||
| Type of financial instrument | Expiration date | Exercise/ conversion period/date | No. of voting rights that may be acquired (if the instrument exercised/converted) | Percentage of voting rights |
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
| Resulting situation after the triggering transaction | ||||||
| % of voting rights | ||||||
| Nominal | Delta | |||||
| Total (A+B+C) | |
| Number of voting rights | Percentage of voting rights |
| 93,047,333 | 22.82% |
| n/a |
| Proxy Voting: | |
| 10. Name of the proxy holder: | Richard Anthony McGuire |
| 11. Number of voting rights proxy holder will cease to hold: | 93,047,333(22.82%) |
| 12. Date on which proxy holder will cease to hold voting rights: | 28 January 2010 |
| 13. Additional information: | |
| 14. Contact name: | Douglas Armstrong, Dickson Minto W.S. |
| 15. Contact telephone number: | 020 7649 6823 |