| P. | # | Cl. | Rider | Bike | Laps | Time | Gap | KM/H | Best Lap | On | Spd. | Gr. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 3 | W |  John KOCINSKI |  Honda | 22 | 41:16.551 | 142.31 | 1:49.306 | 5 | 264.2 | 7 | |
| 2 | 4 | W |  Carl FOGARTY | Ducati | 22 | 41:32.273 | 15.722 | 141.41 | 1:50.897 | 8 | 263.0 | 5 |
| 3 | 6 | W |  Simon CRAFAR |  Kawasaki | 22 | 41:45.509 | 28.958 | 140.67 | 1:50.730 | 21 | 261.2 | 3 |
| 4 | 8 | W |  Akira YANAGAWA | Kawasaki | 22 | 41:57.457 | 40.906 | 140.00 | 1:51.482 | 22 | 263.0 | 2 |
| 5 | 52 | W |  Troy BAYLISS | Suzuki | 22 | 42:45.500 | 1:28.949 | 137.38 | 1:51.617 | 21 | 259.5 | 12 |
| 6 | 32 | W | Martin CRAGGILL | Kawasaki | 21 | 41:23.965 | 1 lap | 135.44 | 1:53.714 | 20 | 252.6 | 16 |
| 7 | 22 | W | Scott RUSSELL | Yamaha | 21 | 41:28.785 | 1 lap | 135.17 | 1:50.732 | 7 | 258.9 | 8 |
| 8 | 13 | W |  Andreas MEKLAU | Ducati | 21 | 41:29.507 | 1 lap | 135.14 | 1:52.587 | 21 | 260.1 | 23 |
| 9 | 49 | Shawn GILES | Honda | 21 | 41:49.573 | 1 lap | 134.05 | 1:51.049 | 21 | 253.2 | 17 | |
| 10 | 17 | W |  Pere RIBA | Honda | 21 | 41:56.173 | 1 lap | 133.70 | 1:53.061 | 21 | 252.6 | 22 |
| 11 | 35 | Jason LOVE | Ducati | 21 | 42:10.747 | 1 lap | 132.93 | 1:54.821 | 21 | 254.3 | 21 | |
| 12 | 31 | W |  Igor JERMAN | Kawasaki | 21 | 42:18.052 | 1 lap | 132.55 | 1:53.924 | 21 | 256.6 | 26 |
| 13 | 69 | W | Benn ARCHIBALD | Kawasaki | 21 | 42:29.513 | 1 lap | 131.95 | 1:55.225 | 21 | 252.6 | 29 |
| 14 | 38 | Greg MOSS | Honda | 21 | 43:01.195 | 1 lap | 130.33 | 1:58.236 | 20 | 264.2 | 20 | |
| 15 | 48 | Craig STAFFORD | Yamaha | 20 | 42:16.693 | 2 laps | 126.31 | 2:02.653 | 20 | 236.6 | 30 | |
| 16 | 99 | Steve MARTIN | Suzuki | 20 | 42:25.336 | 2 laps | 125.88 | 1:57.722 | 19 | 254.9 | 13 | |
| 17 | 66 | Stephen TOZER | Kawasaki | 19 | 42:12.408 | 3 laps | 120.19 | 2:07.688 | 19 | 235.1 | 33 | |
| 18 | 34 | Simon MIDDLETON | Kawasaki | 19 | 42:43.766 | 3 laps | 118.72 | 2:04.601 | 19 | 246.7 | 31 | |
| RT | 62 | Graeme WILSHAW | Suzuki | 16 | 32:34.762 | --- | 131.13 | 1:58.611 | 15 | 249.4 | 28 | |
| RT | 15 | W |  Piergiorgio BONTEMPI | Kawasaki | 10 | 20:17.686 | --- | 131.56 | 1:57.255 | 6 | 254.3 | 10 |
| RT | 45 | W | Colin EDWARDS | Yamaha | 9 | 16:54.723 | Accident | 142.09 | 1:50.214 | 4 | 261.8 | 4 |
| RT | 44 | W | Damon BUCKMASTER | Kawasaki | 7 | 13:32.350 | --- | 138.04 | 1:53.229 | 6 | 261.8 | 15 |
| RT | 39 | Craig CONNELL | Ducati | 7 | 14:15.028 | Accident | 131.15 | 1:59.067 | 6 | 262.4 | 14 | |
| RT | 11 | W | Mike HALE | Suzuki | 6 | 11:41.902 | Accident | 136.94 | 1:53.269 | 6 | 260.6 | 18 |
| RT | 2 | W | Aaron SLIGHT | Honda | 5 | 9:34.864 | Accident | 139.34 | 1:51.198 | 3 | 269.2 | 1 |
| RT | 89 | W | John ORCHARD | Kawasaki | 4 | 12:19.715 | --- | 86.63 | 2:20.284 | 3 | 231.3 | 34 |
| RT | 9 | W | Neil HODGSON | Ducati | 3 | 5:39.931 | Accident | 141.38 | 1:49.958 | 3 | 261.8 | 6 |
| RT | 51 | W | Peter GODDARD | Suzuki | 1 | 2:03.850 | Accident | 129.35 | 2:03.850 | 1 | 258.9 | 9 |
| RT | 12 | W | James WHITHAM | Suzuki | 1 | 2:04.260 | Accident | 128.92 | 2:04.260 | 1 | 259.5 | 19 |
| RT | 7 | W | Pierfrancesco CHILI | Ducati | 1 | 2:06.720 | Accident | 126.42 | 2:06.720 | 1 | 258.9 | 11 |
| RT | 14 | W | James HAYDON | Ducati | 0 | 0:00.000 | Accident | 24 | ||||
| RT | 42 | W | David EMMERSON | Kawasaki | 0 | 0:00.000 | --- | 25 | ||||
| RT | 79 | W | Daniele VANOLINI | Ducati | 0 | 0:00.000 | --- | 32 | ||||
| NS | 41 | Alistair MAXWELL | Kawasaki | Not started | 27 | |||||||
| NS | 74 | W | John PHELAN | Kawasaki | Not started |
| Fastest lap | 3 | John KOCINSKI | Honda | 1:49.306 | on lap 5 | 146.56 km/h |
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