Transaction in Own Shares

Mitchells & Butlers PLC
16 February 2005




Mitchells & Butlers plc announces that on 16 February 2005 it purchased 250,000
of its ordinary shares at a price of 339.5549 pence per ordinary share. 50,000
of these shares will be held as treasury shares and 200,000 shares will be
cancelled.


The total number of Mitchells & Butlers shares in issue (after cancellation of
200,000 shares and excluding treasury shares) is 517,228,892. Following the
above purchase, Mitchells & Butlers plc holds 3,005,148 ordinary shares as
treasury shares.


It is intended that the shares held as treasury shares will be used to meet
obligations of Mitchells & Butlers under employee share option schemes.


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