Treasury Stock

Mitchells & Butlers PLC
08 November 2007



                            Mitchells & Butlers plc

                                TREASURY SHARES

The Company holds a balance of 727,038 Mitchells & Butlers ordinary shares as
treasury shares following the exercise of savings related options over 10,237
shares at 209p per share.

As a result of the above, the number of shares in issue, excluding shares held
in treasury is 403,052,655 ordinary shares.


Rachel Benjamin
Assistant Company Secretary



                      This information is provided by RNS
            The company news service from the London Stock Exchange