Mountain Province Diamonds Welcomes Société Générale to Lending Syndicate

7 May 2015

Overall Project Development more than 60 percent Complete
Toronto and New York, May 7, 2015 – Mountain Province Diamonds Inc. (“Mountain Province”, the “Company”) (TSX: MPV, NASDAQ: MDM) is pleased to announce that Société Générale has joined the Company’s lending syndicate. On April 7, 2015, the Company announced the closing of the US$370M term loan facility (the “Facility”) with a syndicate of lenders led by Natixis S.A., Scotiabank and Nedbank Ltd., and including ING Capital LLC, Export Development Canada and the Bank of Montreal. With the inclusion of Société Générale syndication of the Facility is now complete.