Mitchells & Butlers PLC 21 February 2008 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): HSBC Holdings Plc 4. Full name of shareholder(s) (if different from 3.) (iv): HSBC Bank plc HSBC Investment Management HSBC Private Bank (Jersey) Limited HSBC Financial Products (France) HSBC Trust Company (UK) Limited Sinopia Asset Management Sinopia Asset Management (UK) Limited 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 20 February 2008 6. Date on which issuer notified: 21 February 2008 7. Threshold(s) that is/are crossed or reached: 5% 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible using Situation previous to the Triggering the ISIN CODE transaction (vi) Number of Number of voting Rights shares (viii) Ordinary 30,802,187 30,802,187 GB00B1FP6H53 Resulting situation after the triggering transaction (vii) Class/type of shares if possible Number of Number of voting % of voting using the ISIN CODE shares rights (ix) rights Direct Direct (x) Indirect Direct Indirect (xi) Ordinary 21,844,424 21,844,424 605,116 5.42% 0.15% GB00B1FP6H53 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) Total (A+B) Number of voting rights % of voting rights 22,449,540 5.57% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): HSBC Bank Plc 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: Frances Davies 15. Contact telephone number: +44(0) 20 7991 6661 This information is provided by RNS The company news service from the London Stock Exchange