Holding(s) in Company

Mitchells & Butlers PLC
01 February 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):
Deutsche Bank AG

4. Full name of shareholder(s) (if different from 3.) (iv):
Deutsche Bank AG
Deutsche Bank Trust Company Americas
Deutsche Asset Management Investment GmbH
Deutsche Asset Management (Japan) Ltd
Deutsche Investment Management Americas Inc
Tilney Investment Management

5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):
30 January 2008

6. Date on which issuer notified:
31 January 2008

7. Threshold(s) that is/are crossed or reached:
5%

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

Ordinary                     Number of shares    Number of voting Rights (viii)
GB00B1FP6H53                 16,913,730          16,913,730

Resulting situation after the triggering transaction (vii)

Class/type of shares if  Number of    Number of voting       % of voting
possible using the ISIN  shares       rights (ix)            rights
CODE
                         Direct       Direct (x)   Indirect  Direct   Indirect
                                                   (xi)
Ordinary                 20,479,646   20,479,646   268,231   5.08%    0.07%
GB00B1FP6H53

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
20,747,877                                   5.15%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):


Proxy Voting:

10. Name of the proxy holder:
n/a

11. Number of voting rights proxy holder will cease to hold:
n/a

12. Date on which proxy holder will cease to hold voting rights:
n/a

13. Additional information:
n/a

14. Contact name:
David Lindsay/Andrew Anderson

15. Contact telephone number:
[phone]/8532




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