9 May 2016

Mitchells & Butlers plc

Director/PDMR Shareholding

Notification of monthly investment in the Mitchells & Butlers plc Share Incentive Plan (SIP)

Equiniti Share Plan Trustees Limited as trustees of theMitchells & Butlers plcSIP (the Trustee), notified the Company on 9 May 2016 that it purchased a total of 9,783 ordinary shares at a price of 274.6p per share on 6 May 2016 under the 'Partnership' element of the Company's SIP. The Shares are held by Equiniti Corporate Nominees Limited.

Under the terms of the SIP and as a result of standing participation instructions, eligible participating employees contribute from monthly salary to purchase 'Partnership Shares'.

As participants in the SIP, the individualslisted beloware deemed to have an interest in the shares held by the Trustee. In accordance with Disclosure and Transparency Rule 3.1.4R (1), the Company gives notice that of the above shares acquired by the Trustee, the shares purchased on behalf of the Company's Directors and PDMRs were as follows:

Director
Shares purchased
Attributable price
Total shareholding following this purchase
Tim Jones
50
274.6p
75,088
PDMRs
Nick Crossley
51
274.6p
4,529
Gary John
50
274.6p
15,751
Susan Martindale
51
274.6p
30,565
Greg McMahon
36
274.6p
6,482

These shares will be held in trust by the Trustee, in line with the rules of the SIP.

Denise Burton

Deputy Company Secretary