cnw






Shares Issued and Outstanding: 94,168,151

TSX: MPV

NYSE MKT: MDM




TORONTO AND NEW YORK, Jan. 29, 2013 /CNW/ - Mountain Province Diamonds
Inc. ("Mountain Province", the "Company") (TSX: MPV, NYSE MKT: MDM) is
pleased to announce the appointment of Bruce Ramsden, B. Com., ACIS as
Vice President Finance and CFO-designate effective February 1, 2013.


Mr. Ramsden is an experienced finance executive with more than 30 years
experience. Most recently, Mr. Ramsden served as Vice President
Finance, CFO and Corporate Secretary of Andean American Gold Corp.
prior to the acquisition of that company by Lupaka Gold Corp. last
September. Prior to that, he served as VP Finance and CFO of St Andrew
Gold Fields Ltd. (2002 - 2005) and Vaaldiam Mining Inc., formerly
Tiomin Resources Inc. (2005 - 2010).


"We are pleased to welcome Bruce to Mountain Province Diamonds at an
important time in the Company's transition", said Patrick Evans,
President and CEO. "Bruce's financial skills, experience in the
Canadian resource sector and particular experience arranging debt
finance facilities will contribute to our continued success as we
prepare for the development of the Gahcho Kue diamond mine."


Mr. Ramsden will also assume the position of chief financial officer and
corporate secretary effective May 1, 2013, upon the departure of the
Company's current CFO and corporate secretary on April 30, 2013.


****


Mountain Province Diamonds is a 49% participant with De Beers Canada in the Gahcho Kue JV located
at Kennady Lake in Canada's Northwest Territories. The Gahcho Kue
Project consists of a cluster of four diamondiferous kimberlites, three
of which have a probable mineral reserve of 31.3 million tonnes grading
1.57 carats per tonne for total diamond content of 49 million carats.


Gahcho Kue is the world's largest and richest new diamond development
project. A December 2010 feasibility study filed by Mountain Province
(available on SEDAR) indicates that the Gahcho Kue project has an IRR
of 33.9%.




Qualified Person

This news release has been prepared under the supervision of Carl G.
Verley, P.Geo., who serves as the qualified person under National
Instrument 43-101.




Forward-Looking Statements

This news release may contain forward-looking statements, within the
meaning of the "safe-harbor" provision of the Private Securities
Litigation Reform Act of 1995, regarding the Company's business or
financial condition. Actual results could differ materially from those
described in this news release as a result of numerous factors, some of
which are outside the control of the Company.




SOURCE: Mountain Province Diamonds Inc.



For further information:



Mountain Province Diamonds Inc. Patrick Evans, President and CEO 161 Bay Street, Suite 2315 Toronto, Ontario M5J 2S1

Phone: (416) 361-3562

E-mail: info@mountainprovince.com

http://www.mountainprovince.com/">www.mountainprovince.com