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               20 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      14,349,599       3.56%      971,443      0.24%
securities
(2) Derivatives      971,443       0.24%    1,792,007      0.44%
(other than
options)
(3) Options and            0       0.00%            0      0.00%
agreements to
purchase/sell
Total             15,321,042       3.80%     2,763,450     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      212                  3.3200
Purchase      5,832                3.2765
Purchase      286                  3.3200
Purchase      53,818               3.2882
Purchase      432                  3.3200
Purchase      55,176               3.4000
Purchase      5,178                3.2862
Purchase      14,827               3.3200
Purchase      6,240                3.2600
Purchase      9,117                3.5000
Purchase      29,955               3.2927
Purchase      47,927               3.2927
Purchase      22,400               3.2796
Purchase      50,839               3.3200
Sale          27                   3.3193
Sale          2,611                3.2814
Sale          5,200                3.3321
Sale          42,232               3.3316
Sale          700                  3.2970
Sale          55,042               3.3353
Sale          1,246                3.2586
Sale          55,176               3.4000
Sale          19,371               3.2737
Sale          454                  3.2611
Sale          14,827               3.3200
Sale          77,594               3.3113
Sale          1,755                3.2902
Sale          4,991                3.2895

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         28455         3.2662
CFD            Short         5832          3.2765
CFD            Short         22400         3.2796
CFD            Short         5178          3.2861
CFD            Short         53818         3.2882
CFD            Long          19371         3.2736
CFD            Long          2611          3.2813
CFD            Long          4991          3.2894
CFD            Long          700           3.297
CFD            Long          77594         3.3113
CFD            Long          27            3.3192
CFD            Long          42232         3.3315
CFD            Long          5200          3.332
CFD            Long          55042         3.3353

(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
None

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.




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


Date of disclosure                         25 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