Mitchells & Butlers PLC 12 November 2004 DIRECTORS' INTERESTS The Company's Employee Benefit Trust ("the Trust") holds a balance of 3,537,090 Mitchells & Butlers ordinary shares following the exercise of options by non-directors over 118,023 shares. The executive directors of the Company, M.L.Bramley, T.Clarke, A.Hughes and K.Naffah, as potential beneficiaries under the Trust, are technically deemed to be interested in the above balance. M J N Bridge Deputy Secretary This information is provided by RNS The company news service from the London Stock Exchange