Director/PDMR Shareholding

Mitchells & Butlers PLC
27 September 2006


27 September 2006

                              DIRECTORS' INTERESTS

The following directors today exercised options over Mitchells & Butlers plc
shares, disposing of sufficient shares to meet costs, tax and NI as shown below:

Director   Share     Option price    Options     Shares sold   Selling price   Shares retained   Balance of
           plan                     exercised -                                                Shares under
                                      shares                                                         option

Tim        Executive     £3.059 per    53,445        38,317       £5.914744          15,128      2,268,318
Clarke     Share            share
           Option
           Plan

Karim      Executive     £3.059 per    83,508        59,870       £5.914744          23,638     1,445,227
Naffah     Share            share
           Option
           Plan

Following the above exercise, Mr Naffah transferred the 23,638 shares retained
from the option exercise to his wife.

Following the above transactions, these directors hold the following Mitchells &
Butlers shares:

Tim Clarke                                                             587,291
Karim Naffah                                                           271,119

Employee Benefit Trust (the 'Trust')

The Trust holds a balance of 972,734 Mitchells & Butlers ordinary shares
following the purchase of 335,000 shares on 27 September 2006 at a price of
592.0302p per share and the exercise of share options by directors as shown
above.

The executive directors of the Company, M.L.Bramley, T.Clarke, A.Hughes and
K.Naffah, as potential beneficiaries under the Trust, are technically deemed to
be interested in the above balance

Victoria M Penrice
Head of Secretariat
Telephone: [phone]



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