Holding(s) in Company

Mitchells & Butlers PLC
14 March 2005


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Mitchells & Butlers plc

2. Name of shareholder having a major interest

AXA S.A. Group

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

As above

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

AXA S.A. Funds

5. Number of shares / amount of stock acquired

Not applicable

6. Percentage of issued class

Not applicable

7. Number of shares / amount of stock disposed

Not stated

8. Percentage of issued class

Not stated

9. Class of security

Ordinary shares

10. Date of transaction

Not stated

11. Date company informed

14 March 2005

12. Total holding following this notification

7,894,330 beneficial interest
47,546,237 non-beneficial interest

13. Total percentage holding of issued class following this notification

1.54% beneficial interest
9.25% non-beneficial interest

14. Any additional information

...............................................................

15. Name of contact and telephone number for queries

M J N Bridge 0121 498 4526

16. Name and signature of authorised company official responsible for making
this notification

M J N Bridge

Date of notification

14 March 2005

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for loss of business or loss of profits) arising in contract, tort or otherwise
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