Holding(s) in Company

Mitchells & Butlers PLC
13 December 2007



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):
Mitchells & Butlers plc

2. Reason for the notification (please state Yes/No): ( )

An acquisition or disposal of voting rights: Yes

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: No

An event changing the breakdown of voting rights: No

Other (please specify) : No

3. Full name of person(s) subject to the notification obligation (iii):
Axa S.A., 25 Avenue Matignon, 75008 Paris and its group of companies

4. Full name of shareholder(s) (if different from 3.) (iv):
.................

5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):
10 December 2007

6. Date on which issuer notified:
13 December 2007

7. Threshold(s) that is/are crossed or reached:
10%

8. Notified details:
.................

A: Voting rights attached to shares

Class/type of shares if possible using    Situation previous to the Triggering
the ISIN CODE                                       transaction (vi)
                                        Number of      Number of voting Rights
                                        shares         (viii)
GB00B1FP6H53                            39,025,866     39,025,866

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible Number of  Number of voting     % of voting
using the ISIN CODE              shares     rights (ix)          rights
                                 Direct     Direct    Indirect   Direct Indirect
                                            (x)       (xi)
GB00B1FP6H53                     7,124,557  7,124,557 33,211,809 1.77%  8.24%

B: Financial Instruments
Resulting situation after the triggering transaction (xii)

Type of     Expiration Exercise/       Number of voting rights that may  % of
financial   Date       Conversion      be acquired if the instrument is  voting
instrument  (xiii)     Period/ Date    exercised/ converted.             rights
                       (xiv)



Total (A+B)
Number of voting rights                      % of voting rights
40,336,166                                   10.01%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):

Name of company/fund                                     Number of   % of issued
                                                            shares share capital
AXA Sun Life plc (formerly Axa Equity & Law     Direct     425,898       0.10566
Life Assurance Society plc)
Sun Life Unit Assurance Ltd a/c X               Direct     125,219       0.03107
Sun Life Assurance Ltd a/c X                    Direct     766,828       0.19025
Sun Life Assurance Ltd a/c X                    Direct   1,492,682       0.37033
AXA Investment Co ICVC Distribution Fund       Indirect     75,000       0.01861
AXA Investment Co ICVC Extra Income Fund       Indirect     20,000       0.00496
AXA Investment Co ICVC UK Equity Income Fund   Indirect     81,818       0.02030
PPP Healthcare Group plc                        Direct      18,880       0.00468
Sun Life Pensions Management Ltd                Direct     124,338       0.03085
Sun Life Pensions Management Ltd a/c            Direct     597,073       0.14813
Sun Life Assurance Society plc                  Direct     210,190       0.05215
Axa Insurance UK                                Direct      67,400       0.01672
AXA Financial Inc.                             Indirect 32,817,842       8.14204
Sun Life International (IOM) Ltd                Direct     500,000       0.12405
AXA France                                     Indirect     11,156       0.00277
Sun Life International (IOM) Ltd                Direct     250,000       0.06202
AXA Financial Inc.                             Indirect    202,938       0.05035
Sun Life Pensions Management Ltd                Direct      16,014       0.00397
Sun Life Pensions Management Ltd                Direct       2,182       0.00054
Sun Life Unit Assurance Ltd LTAV UK Equity      Direct      80,135       0.01988
Sun Life Unit Assurance Ltd ABL High Alpha      Direct     208,000       0.05160
Sun Life Unit Assurance Ltd FTSE All Share      Direct      68,496       0.01699
Tracker
Sun Life Pensions Management LTAV UK Equity     Direct     360,190       0.08936
Sun Life Pensions Management ABL High Alpha     Direct     913,200       0.22656
Sun Life Pensions Management FTSE All Share     Direct     350,798        0.8703
Tracker
Framlington Onshore Private Clients            Indirect      2,856       0.00071
AXA Winterthur                                  Direct     104,345       0.02589
Axa Sun Life With Profits Passive               Direct     272,941       0.06772
Axa Sun Life With Profits Passive               Direct     169,748       0.04211

Proxy Voting:

10. Name of the proxy holder:
.................

11. Number of voting rights proxy holder will cease to hold:
.................

12. Date on which proxy holder will cease to hold voting rights:
.................
13. Additional information:
.................

14. Contact name:
Terry Marsh

15. Contact telephone number:
020 7003 2637




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