GoldmanSachs International 26 March 2008 Amendment - due to a late booked cancellation of both equity and CFD transactions the disclosure made on 20 March 2008 for dealings on 19 March 2008 is being amended. The original trade purchases disclosed 4,008,393 shares have been amended to total purchases 4,005,793 shares. Dealings 2 (a) & (b) have been updated. FORM 38.5(a) DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY (Rule 38.5(a) of the Takeover Code) 1. KEY INFORMATION Name of exempt principal trader (GS) GOLDMAN SACHS INTERNATIONAL Company dealt in MITCHELLS & BUTLERS PLC Class of relevant security to which the Ordinary Shares dealings being disclosed relate (Note 1) Date of dealing 19 March 2008 2. DEALINGS (Note 2) (a) Purchases and sales Total number of securities purchased Highest price paid (Note 3) Lowest price paid (Note 3) 4005793 6.4719 GBP 2.89 GBP Total number of securities sold Highest price received (Note 3) Lowest price received (Note 3) 1670023 3.50 GBP 2.89 GBP (b) Derivatives transactions (other than options) Product name, Long/short (Note 4) Number of securities (Note 5) Price per unit (Note 3) e.g. CFD CFD Short 184646 3.026 GBP CFD Short 165354 3.026 GBP CFD Short 13700 6.4732 USD CFD Short 22200 6.4732 USD CFD Short 123900 6.4732 USD CFD Short 25300 6.4732 USD CFD Short 5200 6.4732 USD CFD Short 80600 6.4732 USD CFD Short 705200 6.4732 USD CFD Short 157300 6.4732 USD CFD Short 130500 6.4732 USD CFD Short 76400 6.4732 USD CFD Long 450000 3.091 GBP CFD Long 80000 3.433 GBP CFD Long 20000 3.433 GBP CFD Short 182600 6.4732 USD CFD Short 20300 6.4732 USD CFD Short 41700 6.4732 USD CFD Short 21600 6.4732 USD CFD Short 33800 6.4732 USD CFD Long 14165 3.2944 GBP CFD Long 40000 3.2944 GBP CFD Long 10000 3.2944 GBP CFD Short 100 6.4732 USD CFD Short 5100 6.4732 USD CFD Short 4500 6.4732 USD CFD Long 835 3.2944 GBP CFD Short 26300 6.4732 USD CFD Short 31800 6.4732 USD CFD Short 277200 6.4732 USD CFD Short 63500 6.4732 USD CFD Short 51200 6.4732 USD CFD Short 41900 6.4732 USD CFD Short 83800 6.4732 USD CFD Short 367700 6.4732 USD CFD Short 68900 6.4732 USD CFD Short 11400 6.4732 USD CFD Short 26300 6.4732 USD CFD Short 20000 2.9242 GBP CFD Long 104100 3.1717 GBP CFD Short 104100 3.4051 GBP CFD Long 38100 3.1717 GBP CFD Short 38100 3.4452 GBP CFD Long 28300 3.1717 GBP CFD Short 28300 3.4552 GBP CFD Long 102900 3.1717 GBP CFD Short 21000 2.9009 GBP CFD Long 125000 3.1714 GBP CFD Short 181300 3.1254 GBP (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying Product name, Writing, selling, Number of securities to Exercise Type, e.g. Expiry Option money purchasing, which the option relates American, e.g. call varying etc. (Note 5) price European date paid/received per option etc. unit (Note 3) (ii) Exercising Product name, e.g. call option Number of securities Exercise price per unit (Note 3) 3. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated. Date of disclosure 26 March 2008 Contact name Peter Highton Telephone number +44-207-774-1935 Name of offeree/offeror with which connected PUNCH TAVERNS PLC Nature of connection (Note 6) Advisor Notes The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk This information is provided by RNS The company news service from the London Stock Exchange