Mitchells & Butlers PLC 26 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): Deutsche Bank AG 4. Full name of shareholder(s) (if different from 3.) (iv): Deutsche Bank AG Deutsche Bank Trust Company Americas Deutsche Asset Management Investment GmbH Deutsche Asset Management (Japan) Limited Deutsche Investment Management Americas Inc. Tilney Investment Management 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 22 February 2008 6. Date on which issuer notified: 26 February 2008 7. Threshold(s) that is/are crossed or reached: Direct 7% 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 28,168,370 28,438,741 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 28,924,693 28,924,693 272,434 7.18% 0.07% 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 29,197,127 7.24% 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: 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: David Lindsay/Andrew Anderson 15. Contact telephone number: 00 44 207 545 8533/8532 This information is provided by RNS The company news service from the London Stock Exchange