Mitchells & Butlers PLC 25 April 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): Axa S.A., 25 Avenue Matignon, 75008 Paris and its group of companies 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): 22 April 2008 6. Date on which issuer notified: 24 April 2008 7. Threshold(s) that is/are crossed or reached: 10% 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 41,406,145 41,406,145 Resulting situation after the triggering transaction (vii) Class/type of shares if Number of Number of voting rights % of voting possible using the ISIN shares (ix) rights CODE Direct Direct (x) Indirect Direct Indirect (xi) GB00B1FP6H53 7,339,331 7,339,331 32,477,672 1.82% 8.06% 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 39,817,003 9.88% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): Name of company/fund Number of % of issued shares share capital AXA Sun Life plc (formerly Axa Equity & Law Life Assurance Society plc) Direct 425,898 0.10566% Sun Life Unit Assurance Ltd a/c X Direct 125,219 0.03107% Sun Life Unit Assurance Ltd a/c X Direct 766,828 0.19024% Sun Life Unit Assurance Ltd a/c X Direct 1,492,682 0.37032% AXA UK Investment Co ICVC Distribution Fund Indirect 75,000 0.01861% AXA UK Investment Co ICVC Ethical Fund Indirect 55,000 0.01364% AXA UK Investment Co ICVC Extra Income Fund Indirect 20,000 0.00496% AXA UK Investment Co ICVC UK Equity Income Fund Indirect 81,818 0.02030% AXA UK Investment Co ICVC UK UK Growth Fund Indirect 100,000 0.02481% PPP Healthcare Group plc Direct 18,880 0.00468% Sun Life Pensions Management Ltd Direct 37,000 0.00918% Sun Life Pensions Management Ltd Direct 135,000 0.03349% Sun Life Pensions Management Ltd a/c Direct 597,073 0.14813% Sun Life Assurance Society Plc Direct 210,190 0.05215% Axa Insurance UK Direct 40,400 0.01002% AXA General Unit Trust Indirect 180,000 0.04466% AXA Financial, Inc Indirect 31,746,705 7.87602% Sun Life International (IOM) Ltd Direct 500,000 0.12404% AXA France Indirect 13,355 0.00331% AXA Financial Inc. Indirect 202,938 0.05035% Sun Life Pensions Management Ltd Direct 15,714 0.00390% Sun Life Pensions Management Ltd Direct 2,479 0.00062% Sun Life Unit Assurance Ltd LTAV UK Equity Direct 80,135 0.01988% Sun Life Unit Assurance Ltd ABL High Alpha Direct 252,200 0.06257% Sun Life Unit Assurance Ltd FTSE All Share Tracker Direct 68,496 0.01699% Sun Life Pensions Management LTAV UK Equity Direct 360,190 0.08936% Sun Life Pensions Management ABL High Alpha Direct 1,328,141 0.32950% Sun Life Pensions Management FTSE All Share Tracker Direct 350,798 0.08703% Framlington onshore private clients Indirect 2,856 0.00071% AXA Winterthur Direct 104,345 0.02589% Axa Sun Life With Profits Passive Direct 285,858 0.07092% Axa Sun Life With Profits Passive Direct 141,805 0.03518% 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: Terry Marsh 15. Contact telephone number: 020 7003 2637 This information is provided by RNS The company news service from the London Stock Exchange