Mitchells & Butlers PLC 02 May 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 (UK) Limited 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): 1 May 2008 6. Date on which issuer notified: 2 May 2008 7. Threshold(s) that is/are crossed or reached: 7% 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) Ordinary 27,390,793 27,390,793 GB00B1FP6H53 Resulting situation after the triggering transaction (vii) Class/type of shares Number of Number of voting rights % of voting if possible using the shares (ix) rights ISIN CODE Direct Direct (x) Indirect Direct Indirect (xi) Ordinary 27,540,024 27,540,024 1,026,330 6.83% 0.25% 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 28,566,354 7.09% 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