| P. | # | Cl. | Rider | Bike | Laps | Time | Gap | KM/H | Best Lap | On | Spd. | Gr. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | W |  Aaron SLIGHT |  Honda | 25 | 39:52.127 | 151.36 | 1:34.916 | 6 | 193.9 | 2 | |
| 2 | 4 | W |  Carl FOGARTY | Ducati | 25 | 39:53.810 | 1.683 | 151.25 | 1:34.802 | 6 | 193.5 | 3 |
| 3 | 6 | W | Simon CRAFAR |  Kawasaki | 25 | 39:56.578 | 4.451 | 151.08 | 1:35.005 | 19 | 189.8 | 5 |
| 4 | 9 | W | Neil HODGSON | Ducati | 25 | 39:56.781 | 4.654 | 151.07 | 1:34.888 | 4 | 192.5 | 1 |
| 5 | 45 | W |  Colin EDWARDS | Yamaha | 25 | 40:01.475 | 9.348 | 150.77 | 1:35.453 | 12 | 190.5 | 7 |
| 6 | 22 | W | Scott RUSSELL | Yamaha | 25 | 40:02.865 | 10.738 | 150.68 | 1:35.325 | 13 | 189.8 | 6 |
| 7 | 41 | W | Niall MACKENZIE | Yamaha | 25 | 40:12.118 | 19.991 | 150.10 | 1:35.624 | 6 | 188.5 | 10 |
| 8 | 12 | W | James WHITHAM | Suzuki | 25 | 40:21.437 | 29.310 | 149.53 | 1:35.759 | 4 | 191.5 | 11 |
| 9 | 33 | W | John REYNOLDS | Ducati | 25 | 40:21.826 | 29.699 | 149.50 | 1:35.956 | 8 | 189.5 | 12 |
| 10 | 3 | W | John KOCINSKI | Honda | 25 | 40:22.227 | 30.100 | 149.48 | 1:35.690 | 8 | 193.9 | 8 |
| 11 | 15 | W |  Piergiorgio BONTEMPI | Kawasaki | 25 | 40:23.698 | 31.571 | 149.39 | 1:35.894 | 6 | 189.1 | 9 |
| 12 | 16 | W |  Christer LINDHOLM | Yamaha | 25 | 40:43.547 | 51.420 | 148.17 | 1:36.458 | 9 | 187.8 | 13 |
| 13 | 35 | W |  Gregorio LAVILLA |  Ducati | 25 | 40:56.269 | 1:04.142 | 147.41 | 1:36.226 | 2 | 190.8 | 14 |
| 14 | 44 | W | Sean EMMETT | Ducati | 25 | 41:00.109 | 1:07.982 | 147.18 | 1:36.801 | 5 | 184.6 | 16 |
| 15 | 11 | W | Mike HALE | Suzuki | 25 | 41:00.846 | 1:08.719 | 147.13 | 1:37.493 | 16 | 188.2 | 18 |
| 16 | 14 | W | James HAYDON | Ducati | 25 | 41:04.438 | 1:12.311 | 146.92 | 1:37.285 | 16 | 191.2 | 17 |
| 17 | 13 | W |  Andreas MEKLAU | Ducati | 25 | 41:04.622 | 1:12.495 | 146.91 | 1:37.316 | 25 | 190.1 | 21 |
| 18 | 17 | W | Pere RIBA | Honda | 25 | 41:24.766 | 1:32.639 | 145.72 | 1:38.308 | 10 | 185.6 | 19 |
| 19 | 43 | W |  Christian LAVIEILLE | Honda | 24 | 40:06.930 | 1 lap | 144.41 | 1:39.092 | 4 | 183.7 | 20 |
| 20 | 31 | W |  Igor JERMAN | Kawasaki | 24 | 40:17.037 | 1 lap | 143.81 | 1:39.641 | 15 | 186.5 | 22 |
| 21 | 54 | E |  Anton GRUSCHKA | Yamaha | 24 | 41:01.168 | 1 lap | 141.23 | 1:40.828 | 8 | 180.6 | 23 |
| 22 | 56 | E |  Jiří MRKÝVKA | Honda | 24 | 41:20.323 | 1 lap | 140.14 | 1:41.625 | 23 | 178.8 | 27 |
| 23 | 53 | E | Paolo MALVINI | Ducati | 24 | 41:20.897 | 1 lap | 140.11 | 1:42.229 | 22 | 182.4 | 28 |
| RT | 7 | W | Pierfrancesco CHILI | Ducati | 21 | 33:33.016 | Accident | 151.09 | 1:34.723 | 6 | 191.2 | 4 |
| RT | 52 | E | Giorgio CANTALUPO | Ducati | 7 | 13:07.960 | --- | 128.66 | 1:41.291 | 4 | 181.2 | 25 |
| RT | 77 | E | Brett SAMPSON | Kawasaki | 2 | 3:38.000 | Electrics | 132.87 | 1:48.382 | 1 | 180.0 | 24 |
| NS | 34 | W | Steve HISLOP | Ducati | Engine | 15 | ||||||
| NS | 25 | W | Eugene McMANUS | Kawasaki | Engine | 26 | ||||||
| NS | 8 | W |  Akira YANAGAWA | Kawasaki | Injured |
| Fastest lap | 7 | Pierfrancesco CHILI | Ducati | 1:34.723 | on lap 6 | 152.90 km/h |
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