Holding(s) in Company

Mitchells & Butlers PLC
24 January 2008



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):


22 January 2008

6. Date on which issuer notified:


24 January 2008

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


10%

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

A: Voting rights attached to shares

Class/type of shares if  Situation previous to the Triggering transaction (vi)
possible using the ISIN
CODE


                         Number of shares    Number of voting Rights (viii)


GB00B1FP6H53             40,097,439          40,097,439

Resulting situation after the triggering transaction (vii)

Class/type of shares if Number of   Number of voting rights  % of voting
possible using the ISIN shares      (ix)                     rights
CODE
                        Direct      Direct (x)  Indirect     Direct   Indirect
                                                (xi)


GB00B1FP6H53            7,273,217   7,273,217   33,666,363   1.80%    8.34%


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


40,939,580                                   10.15%



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 Life
Assurance Society plc)          Direct            425,898              0.10566

Sun Life Unit Assurance Ltd
a/c X                           Direct            125,219              0.03107

Sun Life Unit Assurance Ltd
a/c X                           Direct            766,828              0.19004

Sun Life Unit Assurance Ltd
a/c X                           Direct          1,492,682              0.36993

AXA UK Investment Co ICVC
Distribution Fund              Indirect            75,000              0.01859

AXA UK Investment Co ICVC
Extra Income Fund              Indirect            20,000              0.00496

AXA UK Investment Co ICVC UK
Equity Income Fund             Indirect            81,818              0.02028

PPP Healthcare Group plc        Direct             18,880              0.00468
Sun Life Pensions Management
Ltd                             Direct            135,000              0.03346

Sun Life Pensions Management
Ltd a/c                         Direct            597,073              0.14797

Sun Life Assurance Society
Plc                             Direct            210,190              0.05209

Axa Insurance UK                Direct             67,400              0.01670

AXA Financial, Inc             Indirect        33,270,396              8.24545

Sun Life International (IOM)
Ltd                             Direct            500,000              0.12392

AXA France                     Indirect            13,355              0.00331

AXA Financial Inc.             Indirect           202,938              0.05029
Sun Life Pensions Management
Ltd                             Direct             17,014              0.00422

Sun Life Pensions Management
Ltd                             Direct              2,182              0.00054

Sun Life Unit Assurance Ltd
LTAV UK Equity                  Direct             80,135              0.01986

Sun Life Unit Assurance Ltd
ABL High Alpha                  Direct            208,000              0.05155

Sun Life Unit Assurance Ltd
FTSE All Share Tracker          Direct             68,496              0.01698

Sun Life Pensions Management
LTAV UK Equity                  Direct            360,190              0.08927

Sun Life Pensions Management
ABL High Alpha                  Direct          1,328,141              0.32915

Sun Life Pensions Management
FTSE All Share Tracker          Direct            350,798              0.08694

Framlington onshore private
clients                        Indirect             2,856              0.00071

AXA Winterthur                  Direct            104,345              0.02586

Axa Sun Life With Profits
Passive                         Direct            272,941              0.06764

Axa Sun Life With Profits
Passive                         Direct            141,805              0.03514

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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