Mitchells & Butlers PLC 17 October 2007 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) : No 3. Full name of person(s) subject to the notification obligation (iii): Deutsche Bank AG 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): 12 October 2007 6. Date on which issuer notified: 17 October 2007 7. Threshold(s) that is/are crossed or reached: Aggregate Direct & Financial Instruments 4% 8. Notified details: ................. A: Voting rights attached to shares Class/type of shares if Situation previous to the Triggering transaction (vi) possible using the ISIN CODE Number of shares Number of voting Rights (viii) GB00B1FP6H53 14,818,562 14,818,562 Resulting situation after the triggering transaction (vii) Class/type of shares if Number of Number of voting % of voting possible using the ISIN shares rights (ix) rights CODE Direct Direct (x) Indirect Direct Indirect (xi) GB00B1FP6H53 14,882,272 14,882,272 3.69% B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Exercise/ Number of voting rights that may % of financial Date Conversion be acquired if the instrument is voting instrument (xiii) Period/ Date exercised/ converted. rights (xiv) Call December 750,000 0.19% Option 2007 Call March 500,000 0.12% Option 2008 Total (A+B) Number of voting rights % of voting rights 16,132,272 4.01% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): ................. Proxy Voting: 10. Name of the proxy holder: ................. 11. Number of voting rights proxy holder will cease to hold: ................. 12. Date on which proxy holder will cease to hold voting rights: ................. 13. Additional information: ................. 14. Contact name: David Lindsay/Andrew Anderson 15. Contact telephone number: +44 (0)20 7545 8533/8532 This information is provided by RNS The company news service from the London Stock Exchange