Mitchells & Butlers PLC 25 April 2008 Mitchells & Butlers plc Statement by Mitchells & Butlers Further to the announcement on 30 January 2008, Mitchells & Butlers confirms that it is not in discussions with any potential offerors in relation to an offer for the whole of the Company. Consequently Mitchells & Butlers is not considered to be in an "offer period" as defined in the Takeover Code. The strategic review continues and its conclusions will be announced by the time of the Interim Results on 20 May. In the meantime the Board is continuing discussions with private equity investors in relation to a possible investment for a stake of up to 29.9% in Mitchells & Butlers at a material premium to the current share price. For further information, please contact: Investor Relations: Erik Castenskiold 0121 498 6513 Media: Kathryn Holland 0121 498 4526 James Murgatroyd (Finsbury Group) 0207 251 3801 Notes for editors: - Mitchells & Butlers owns and operates around 2,000 high quality pubs in prime locations nationwide. The Group's predominantly freehold, managed estate is biased towards large pubs in residential locations. With around 3% of the pubs in the UK, Mitchells & Butlers has 10% of industry sales and average weekly sales per pub over three times greater than that of the average UK pub. - Mitchells & Butlers' leading portfolio of brands and formats includes Ember Inns, Harvester, Sizzling Pub Co., Toby Carvery, Vintage Inns, All Bar One, O'Neill's, Nicholson's and Browns. In addition, Mitchells & Butlers operates a large number of individual city centre and residential pubs. This information is provided by RNS The company news service from the London Stock Exchange