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               10 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      13,911,982       3.45%    1,212,786      0.30%
securities
(2) Derivatives    1,212,786       0.30%    1,741,393      0.43%
(other than
options)
(3) Options and            0       0.00%            0      0.00%
agreements to
purchase/sell
Total             15,124,768       3.75%     2,954,179     0.73%

(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      1,361                4.1716
Purchase      46,480               4.0978
Purchase      1,400                4.1250
Purchase      116,021              4.0797
Purchase      7,680                4.1671
Purchase      3,777                4.2325
Sale          944                  4.2818
Sale          3,809                4.1488
Sale          118,903              4.0494
Sale          9                    4.2633
Sale          15,621               4.0771
Sale          2,000                4.0400
Sale          38,484               4.1066
Sale          55,335               4.1799
Sale          27,966               4.0978
Sale          3,050                4.1416
Sale          1,350                4.1575

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         116021        4.0797
CFD            Short         46480         4.0978
CFD            Short         1400          4.125
CFD            Short         7680          4.167
CFD            Short         1361          4.1715
CFD            Long          2000          4.04
CFD            Long          118903        4.0493
CFD            Long          15621         4.077
CFD            Long          27966         4.0977
CFD            Long          38484         4.1066
CFD            Long          6281          4.1182
CFD            Long          3050          4.1415
CFD            Long          3809          4.1488
CFD            Long          1350          4.1575
CFD            Long          55335         4.1798
CFD            Long          944           4.2818

(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                         11 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