Mitchells & Butlers PLC 24 December 2004 DIRECTORS' INTERESTS The Company's Employee Benefit Trust ("the Trust") holds a balance of 3,051,643 Mitchells & Butlers ordinary shares following the exercise of options by non-directors over 79,043 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 M Penrice Assistant Company Secretary This information is provided by RNS The company news service from the London Stock Exchange