Transaction in Own Shares

Mitchells & Butlers PLC
08 February 2005




Mitchells & Butlers plc announces that on 8 February 2005 it purchased 100,000
of its ordinary shares at a price of 340.9247 pence per ordinary share. 50,000
of these shares will be held as treasury shares and 50,000 shares will be
cancelled.

The total number of Mitchells & Butlers shares in issue (after cancellation of
50,000 shares and excluding treasury shares) is 518,708,892. Following the above
purchase, Mitchells & Butlers plc holds 2,340,148 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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