Mitchells & Butlers PLC 11 December 2006 11 December 2006 Directors' Interests SHORT TERM DEFERRED INCENTIVE PLAN The third and final tranche of shares (equivalent to one third of the conditional award made in respect of the 2002/03 annual bonus) under the Short Term Deferred Incentive Plan was released today. Accordingly, shares have been transferred from the Mitchells & Butlers Employee Benefit Trust (the "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 10,217 422,388 Tim Clarke 15,719 806,067 Tony Hughes 10,217 327,522 Karim Naffah 11,004 332,659 Following these releases, the balance in the Trust is 891,323 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