TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):

Mitchells & Butlers plc

2. Reason for the notification (please state Yes/No): ( )

An acquisition or disposal of voting rights: Yes

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: No

An event changing the breakdown of voting rights: No

Other (please specify):

3. Full name of person(s) subject to the notification obligation (iii):

Smoothfield Holding Limited

4. Full name of shareholder(s) (if different from 3.) (iv):

-

5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):

6 January 2011

6. Date on which issuer notified:

7 January 2011

7. Threshold(s) that is/are crossed or reached:

3%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE
Situation previous to the Triggering transaction (vi)
12,270,466
12,270,466

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE
12,280,990
12,280,990
None
3.0023%
None

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Total (A+B)

12,280,990
3.0023%

Proxy Voting:

10. Name of the proxy holder:

n/a

11. Number of voting rights proxy holder will cease to hold:

n/a

12. Date on which proxy holder will cease to hold voting rights:

n/a

13. Additional information:

n/a

14. Contact name:

Ward Associates

Mr. Don Ward

15. Contact email address: