Mitchells & Butlers PLC 08 December 2005 8 December 2005 Directors' Interests SHORT TERM DEFERRED INCENTIVE PLAN The first tranch of shares (equivalent to one third of the conditional award made in respect of the 2003/04 annual bonus) under the Short Term Deferred Incentive Plan was released yesterday. Accordingly, shares have been transferred from the Mitchells & Butlers Employee Benefit Trust, net of tax and NI liabilities, to directors as follows: Director Number of Total number of shares shares held after this award Mike Bramley 18,536 104,907 Tim Clarke 35,275 540,867 Tony Hughes 23,171 122,998 Karim Naffah 24,899 235,713 EMPLOYEE BENEFIT TRUST The Employee Benefit Trust (the "Trust") yesterday purchased 380,000 Mitchells & Butlers ordinary shares at a price of 391.0888p per share. Following this transaction and the releases referred to above, the balance in the Trust is 1,063,062 Mitchells & Butlers shares. The executive directors of the Company, Mike Bramley, Tim Clarke, Tony Hughes and Karim Naffah, are technically deemed to be interested in these shares as potential beneficiaries under the Trust. Victoria M Penrice 0121 498 6514 This information is provided by RNS The company news service from the London Stock Exchange