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               25 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      14,360,774       3.56%      942,390      0.23%
securities
(2) Derivatives      942,390       0.23%    1,679,135      0.42%
(other than
options)
(3) Options and            0       0.00%            0      0.00%
agreements to
purchase/sell
Total             15,303,164       3.80%     2,621,525     0.65%


(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      80,000               3.3700
Purchase      246                  3.3800
Purchase      9,900                3.4271
Purchase      29,300               3.3800
Purchase      46,960               3.3805
Purchase      4,100                3.4250
Purchase      55,176               3.3888
Purchase      2,150                3.4104
Purchase      45,731               3.3843
Purchase      25,627               3.3838
Purchase      28,629               3.3414
Purchase      16,017               3.3838
Sale          35,840               3.3461
Sale          145,900              3.4150
Sale          1,960                3.3820
Sale          6,006                3.3623
Sale          1,020                3.3800
Sale          55,176               3.3888
Sale          55,176               3.3888
Sale          31,583               3.3400

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         28629         3.3413
CFD            Short         46960         3.3805
CFD            Short         45731         3.3843
CFD            Short         2150          3.4103
CFD            Short         4100          3.425
CFD            Short         9900          3.4271
CFD            Long          31583         3.3399
CFD            Long          35840         3.346
CFD            Long          6006          3.3622
CFD            Long          1960          3.382
CFD            Long          145900        3.4149

(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                         26 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