Director Shareholding

Mitchells & Butlers PLC
29 May 2003



                         DIRECTORS INTERESTS IN SHARES



Following the separation of the retail business from Six Continents PLC and the
listing of Mitchells & Butlers plc ('MAB') ordinary shares, the executive
directors of MAB have been granted the options shown below under the Company's
Executive Share Option Plan and the Company's Performance Restricted Share Plan.
  These plans, details of which were set out in the Listing Particulars dated 17
February 2003, require the achievement of performance conditions, before the
options can be exercised and the shares referred to below are the maximum
numbers that could be acquired if the performance conditions are met in full.



EXECUTIVE SHARE OPTION PLAN


The following options, which were granted on 28 May 2003, will be exercisable
between May 2006 and May 2013, subject to achievement of performance conditions.

Director                Shares                      Option Price
                        Under Option

M L Bramley             296,800                         219p
T Clarke                456,620                         219p
A Hughes                296,800                         219p
K Naffah                319,630                         219p



PERFORMANCE RESTRICTED SHARE PLAN


The following options which were granted on 23 May 2003 will be exercisable (for
the two year period following the satisfaction of the perfomance conditions and
on the payment of £1) subject to the satisfaction of performance conditions over
the performance period shown below.

Director         Shares                 End of Performance Period
                 Under Option

M L Bramley        88,636                    30-Sep-04
                  132,954                    30-Sep-05

T Clarke          136,363                    30-Sep-04
                  204,544                    30-Sep-05

A Hughes           88,636                    30-Sep-04
                  132,954                    30-Sep-05

K Naffah           95,454                    30-Sep-04
                  143,180                    30-Sep-05


Following these grants, the total numbers of shares under option are:-

Director                                    Shares

M L Bramley                                962,371

T Clarke                                 1,774,846

A Hughes                                 1,071,706

K Naffah                                 1,277,543



Contact Details:-

M J N Bridge

Deputy Secretary

020 7409 8424





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