Rule 8.3 - MITCHELLS &BUTLERS

FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
              (Rule 8.3 of the City Code on Takeovers and Mergers)


1.   KEY INFORMATION

Name of person dealing        BARCLAYS PLC
(Note 1)
Company dealt in              MITCHELLS &BUTLERS
Class of relevant security    ORD GBP0.085416
to which the dealings being
disclosed relate (Note 2)
Date of dealing               03 March 2008

2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                            Long                     Short

                      Number       (%)         Number       (%)

(1) Relevant      13,883,117     3.44%      1,085,169     0.27%
securities
(2) Derivatives    1,085,169     0.27%      1,678,748     0.42%
(other than
options)
(3) Options and            0     0.00%              0     0.00%
agreements to
purchase/sell
Total             14,968,286     3.71%      2,763,917     0.69%


(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of                    Long                     Short
relevant
security:

                  Number              (%)   Number              (%)

(1) Relevant
securities

(2) Derivatives
(other than
options)

(3) Options and
agreements to
purchase/sell

Total


  (c)  Rights to subscribe (Note 3)

Class of relevant security:   Details



3.   DEALINGS (Note 4)

  (a)  Purchases and sales

Purchase/sale Number of Securities Price per unit
                                   (GBP)
Purchase      12,068               4.4196
Purchase      18,680               4.4125
Purchase      45,557               4.4036
Purchase      9,441                4.4369
Purchase      7,427                4.4251
Purchase      6,529                4.4360
Sale          4,050                4.4304
Sale          12,950               4.4287
Sale          15,300               4.4104
Sale          5,250                4.4192
Sale          8,635                4.4371
Sale          4,733                4.4476
Sale          10,577               4.4366
Sale          338                  4.4496
Sale          17,393               4.4121
Sale          1,129                4.4200

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         45557         4.4035
CFD            Short         18680         4.4125
CFD            Short         12068         4.4196
CFD            Short         7427          4.4251
CFD            Short         6529          4.4359
CFD            Short         9441          4.4368
CFD            Long          15300         4.4104
CFD            Long          17393         4.412
CFD            Long          5250          4.4191
CFD            Long          4968          4.4214
CFD            Long          12950         4.4287
CFD            Long          4050          4.4303
CFD            Long          10577         4.4365
CFD            Long          8635          4.4371
CFD            Long          4733          4.4476
CFD            Long          338           4.4495

(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product name,   Writing,          Number of          Exercise  Type, e.g.      Expiry   Option money
e.g. call       selling,          securities to      price     American,       date     paid/received
option          purchasing,       which the option             European etc.            per unit (GBP)
                varying etc.      relates (GBP)


(ii) Exercising

Product name, e.g.  Number of           Exercise price per
call option         securities          unit (Note 5)




(d)  Other dealings (including new securities) (Note 4)


Nature of transaction Details           Price per unit
(Note 8)                                (if applicable)
                                        (Note 5)




4.   OTHER INFORMATION
Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.

None


Is a Supplemental Form 8 attached? (Note 9)                 NO


Date of disclosure                         04 March 2008
Contact name                               Geoff Smith
Telephone number                           020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)


Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk