Mitchells & Butlers PLC 16 December 2004 DIRECTORS' INTERESTS The Company's Employee Benefit Trust ("the Trust") holds a balance of 3,130,686 Mitchells & Butlers ordinary shares following the purchase of 1 million shares on the 15 December 2004 at a price of 316.4888p per share, and the exercise of options by non-directors over 63,629 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 Victoria Penrice Assistant Company Secretary 0121 498 4189 This information is provided by RNS The company news service from the London Stock Exchange