Mitchells & Butlers PLC 27 July 2005 TREASURY SHARES Mitchells & Butlers announces that following the exercise of share options by non-directors over 181,208 shares, it now holds 2,240,000 ordinary shares as treasury shares. The total number of Mitchells & Butlers shares in issue, excluding treasury shares, is now 503,964,040. For reporting purposes under Section 198 of the Companies Act 1985, the market should exclude any shares held in treasury. M J N Bridge Deputy Secretary This information is provided by RNS The company news service from the London Stock Exchange