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               12 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      14,001,947       3.47%    1,071,706      0.27%
securities
(2) Derivatives    1,071,706       0.27%    1,658,190      0.41%
(other than
options)
(3) Options and            0       0.00%            0      0.00%
agreements to
purchase/sell
Total             15,073,653       3.74%     2,729,896     0.68%

(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      3,956                4.1355
Purchase      1,362                4.1379
Purchase      49,803               4.1400
Purchase      32,743               4.1335
Purchase      31,424               4.1430
Sale          1,658                4.1041
Sale          1,777                4.1311
Sale          15,952               4.1409
Sale          1,270                4.1400
Sale          70,208               4.1273
Sale          4,930                4.1279
Sale          29,495               4.1224
Sale          700                  4.1193
Sale          2,669                4.1293
Sale          2,790                4.1410
Sale          6,095                4.1392
Sale          1,755                4.1111
Sale          86,894               4.1050

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         32743         4.1334
CFD            Short         3956          4.1355
CFD            Short         1362          4.1379
CFD            Short         31424         4.143
CFD            Long          700           4.1193
CFD            Long          29495         4.1224
CFD            Long          70208         4.1273
CFD            Long          4930          4.1279
CFD            Long          2669          4.1292
CFD            Long          6095          4.1392
CFD            Long          2790          4.1409

(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                         13 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