| P. | # | Cl. | Rider | Bike | Laps | Time | Gap | KM/H | Best Lap | On | Spd. | Gr. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | W |  Aaron SLIGHT |  Honda | 22 | 35:33.916 | 165.16 | 1:36.208 | 7 | 276.9 | 1 | |
| 2 | 45 | W |  Colin EDWARDS |  Yamaha | 22 | 35:33.949 | 0.033 | 165.16 | 1:36.078 | 7 | 271.1 | 4 |
| 3 | 6 | W | Simon CRAFAR | Kawasaki | 22 | 35:34.673 | 0.757 | 165.10 | 1:36.298 | 4 | 274.9 | 3 |
| 4 | 4 | W |  Carl FOGARTY | Ducati | 22 | 35:42.145 | 8.229 | 164.53 | 1:36.264 | 6 | 273.0 | 5 |
| 5 | 52 | W |  Troy BAYLISS | Suzuki | 22 | 35:51.923 | 18.007 | 163.78 | 1:36.572 | 6 | 269.2 | 12 |
| 6 | 22 | W | Scott RUSSELL | Yamaha | 22 | 35:56.570 | 22.654 | 163.43 | 1:36.837 | 3 | 267.9 | 8 |
| 7 | 3 | W | John KOCINSKI | Honda | 22 | 35:58.133 | 24.217 | 163.31 | 1:36.491 | 5 | 274.9 | 7 |
| 8 | 44 | W | Damon BUCKMASTER | Kawasaki | 22 | 36:01.409 | 27.493 | 163.06 | 1:37.474 | 15 | 267.9 | 15 |
| 9 | 32 | W | Martin CRAGGILL | Kawasaki | 22 | 36:17.132 | 43.216 | 161.88 | 1:38.010 | 21 | 260.0 | 16 |
| 10 | 49 | Shawn GILES | Honda | 22 | 36:17.185 | 43.269 | 161.88 | 1:37.848 | 14 | 258.9 | 17 | |
| 11 | 39 | Craig CONNELL | Ducati | 22 | 36:17.226 | 43.310 | 161.88 | 1:37.904 | 4 | 272.3 | 14 | |
| 12 | 15 | W |  Piergiorgio BONTEMPI | Kawasaki | 22 | 36:23.763 | 49.847 | 161.39 | 1:38.328 | 6 | 258.9 | 10 |
| 13 | 12 | W | James WHITHAM | Suzuki | 22 | 36:39.483 | 1:05.567 | 160.24 | 1:38.143 | 14 | 261.2 | 19 |
| 14 | 14 | W | James HAYDON | Ducati | 22 | 36:47.159 | 1:13.243 | 159.68 | 1:39.126 | 11 | 265.4 | 24 |
| 15 | 13 | W |  Andreas MEKLAU | Ducati | 22 | 36:51.669 | 1:17.753 | 159.35 | 1:39.461 | 21 | 264.8 | 23 |
| 16 | 35 | Jason LOVE | Ducati | 22 | 36:55.875 | 1:21.959 | 159.05 | 1:39.373 | 12 | 258.9 | 21 | |
| 17 | 17 | W |  Pere RIBA | Honda | 22 | 37:03.152 | 1:29.236 | 158.53 | 1:40.007 | 11 | 261.2 | 22 |
| 18 | 42 | W | David EMMERSON | Kawasaki | 21 | 35:35.890 | 1 lap | 157.51 | 1:40.381 | 6 | 253.7 | 25 |
| 19 | 48 | Craig STAFFORD | Yamaha | 21 | 36:28.712 | 1 lap | 153.71 | 1:42.431 | 21 | 248.3 | 30 | |
| 20 | 66 | Stephen TOZER | Kawasaki | 21 | 36:29.272 | 1 lap | 153.67 | 1:42.899 | 21 | 248.3 | 33 | |
| 21 | 89 | W | John ORCHARD | Kawasaki | 21 | 36:32.231 | 1 lap | 153.46 | 1:43.100 | 6 | 252.1 | 34 |
| RT | 31 | W |  Igor JERMAN | Kawasaki | 19 | 32:13.262 | Electrics | 157.44 | 1:40.300 | 10 | 257.1 | 26 |
| RT | 11 | W | Mike HALE | Suzuki | 15 | 25:08.788 | Tyre | 159.27 | 1:37.925 | 2 | 273.0 | 18 |
| RT | 8 | W |  Akira YANAGAWA | Kawasaki | 14 | 22:39.595 | Accident | 164.96 | 1:36.263 | 6 | 271.7 | 2 |
| RT | 62 | Graeme WILSHAW | Suzuki | 14 | 23:46.780 | --- | 157.19 | 1:40.744 | 4 | 249.4 | 28 | |
| RT | 99 | Steve MARTIN | Suzuki | 13 | 21:18.908 | --- | 162.84 | 1:37.416 | 6 | 261.8 | 13 | |
| RT | 38 | Greg MOSS | Honda | 8 | 13:37.856 | --- | 156.70 | 1:40.366 | 4 | 257.1 | 20 | |
| RT | 69 | W | Benn ARCHIBALD | Kawasaki | 5 | 8:38.318 | --- | 154.54 | 1:41.377 | 3 | 256.6 | 29 |
| RT | 9 | W | Neil HODGSON | Ducati | 4 | 6:36.555 | Tyre | 161.59 | 1:37.002 | 3 | 265.4 | 6 |
| RT | 34 | Simon MIDDLETON | Kawasaki | 4 | 7:17.548 | --- | 146.45 | 1:47.375 | 3 | 233.2 | 31 | |
| RT | 41 | Alistair MAXWELL | Kawasaki | 1 | 1:50.488 | --- | 144.99 | 1:50.488 | 1 | 27 | ||
| NS | 51 | W | Peter GODDARD | Suzuki | Injured | 9 | ||||||
| NS | 7 | W | Pierfrancesco CHILI | Ducati | Injured | 11 | ||||||
| NS | 79 | W | Daniele VANOLINI | Ducati | Not started | 32 | ||||||
| NS | 74 | W | John PHELAN | Kawasaki | Not started |
| Fastest lap | 45 | Colin EDWARDS | Yamaha | 1:36.078 | on lap 7 | 166.74 km/h |
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