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               11 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      14,108,852       3.50%    1,067,163      0.26%
securities
(2) Derivatives    1,067,163       0.26%    1,701,049      0.42%
(other than
options)
(3) Options and            0       0.00%            0      0.00%
agreements to
purchase/sell
Total             15,176,015       3.77%     2,768,212     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      40,558               4.0994
Purchase      46,907               4.0908
Purchase      40,016               4.1171
Purchase      46,902               4.0908
Purchase      53,793               4.0712
Purchase      118,903              4.0890
Purchase      426                  4.1050
Purchase      50,064               4.0810
Purchase      8,497                4.0542
Sale          750                  4.1340
Sale          311                  4.1150
Sale          1,894                Transfer
Sale          46,907               4.0907
Sale          9,438                4.0541
Sale          46,902               4.0908
Sale          13,266               4.0405
Sale          66,107               4.1030
Sale          6,084                4.1042
Sale          3,960                4.0869
Sale          13,577               4.0195

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         8497          4.0541
CFD            Short         50064         4.081
CFD            Short         118903        4.089
CFD            Short         40558         4.0993
CFD            Long          13577         4.0195
CFD            Long          13266         4.0404
CFD            Long          9438          4.0541
CFD            Long          3960          4.0869
CFD            Long          66107         4.1029
CFD            Long          6084          4.1042
CFD            Long          311           4.115

(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                         12 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