Treasury Stock

Mitchells & Butlers PLC
20 June 2005


                                TREASURY SHARES


Mitchells & Butlers announces that following the exercise of share options by
non-directors over 206,263 shares, it now holds 2,490,795 ordinary shares as
treasury shares.  The total number of Mitchells & Butlers shares in issue,
excluding treasury shares, is now 508,513,245.

For reporting purposes under Section 198 of the Companies Act 1985, the market
should exclude any shares held in treasury.


Victoria M Penrice
Assistant Company Secretary


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