| Pick Number | Team | Player Number |
|---|---|---|
| 1 | Cavemen | Billy Smith |
| 2 | Cavemen via TazDevils | Mike Watt |
| 3 | Extreme | Jarmo Kekaleinen |
| 4 | Loggers | Dallas McLeod |
| 5 | Gamblers | Lou Bossy | 6 | Lmbrjacks | Curt Eastman |
| 7 | Quakers via GrtWhite | Janne Poiveld |
| 8 | Soldats | Rex Rothmans |
| 9 | Torpedoes | Thomas Powell |
| 10 | Farmers via SeaWolves | D.Montgomery |
| 11 | Hewsons | Jake Taylor |
| 12 | Losers | Glen Kitching |
| 13 | Hosers | Alexsey Alexei |
| 14 | Farmers | C.Milligan |
| 15 | TazDevils via Hunters | Steve Hammond |
| 16 | Cavemen via Quakers | Jason Krog |
| Pick Number | Team | Player Number |
|---|---|---|
| 17 | Cavemen | Barry Richter |
| 18 | TazDevils | Jim Schwartz |
| 19 | Extreme | Brad Ference |
| 20 | Loggers | Stephane Moeller |
| 21 | Gamblers | Bengt Dryden | 22 | Quakers via Lmbrjacks | Kyle Maccina |
| 23 | GrtWhite | Bubba Gump |
| 24 | SeaWolves via Soldats | Poo Bell |
| 25 | Cavemen via Torpedoes | Vladamir Orszagh |
| 26 | Farmers via SeaWolves | R.MacPharlane |
| 27 | Hewsons | Willie May Hays |
| 28 | Losers | RJ Awasthi |
| 29 | Hosers | No Pick |
| 30 | Farmers | B.MacLean |
| 31 | Losers via Hunters | Stephane Marotte |
| 32 | GrtWhite via Quakers | Neo Badini |
| Pick Number | Team | Player Number |
|---|---|---|
| 33 | Torpedoes via Cavemen | Jason Bud |
| 34 | TazDevils | Clark Stevenson |
| 35 | Extreme | Jared Crafter |
| 36 | Loggers | Garth Luyendyk |
| 37 | Gamblers | Chuck Ott_Jr. | 38 | Lmbrjacks | Jack Carlson |
| 39 | Quakers via GrtWhite | Deiter Rentiokol |
| 40 | Extreme via Quakers via Soldats | Sean Selmser |
| 41 | Torpedoes | John Fear |
| 42 | SeaWolves | Cal Lipper |
| 43 | Hewsons | Roger Dorn |
| 44 | Losers | Bayani deGuzman |
| 45 | Hosers | Trent Steele |
| 46 | Farmers | Jeff Kelly |
| 47 | Hunters | Dirk Diggler |
| 48 | Extreme via Quakers | Jari Kuri |
| Pick Number | Team | Player Number |
|---|---|---|
| 49 | Lmbrjacks via Cavemen | Tyler Woods |
| 50 | TazDevils | Randy Lawson |
| 51 | Extreme | Kyosti Karjalein |
| 52 | Loggers | Martin Oliveira |
| 53 | Gamblers | Dino Personenei | 54 | Lmbrjacks | Mike Dandineau |
| 55 | GrtWhite | Bruce Hoskins |
| 56 | Soldats | Xavier Plagnal |
| 57 | Torpedoes | Oli Fediev |
| 58 | SeaWolves | Slow Pokes |
| 59 | Hewsons | Rick Vaughn |
| 60 | Hunters via Losers | Paul Kensington |
| 61 | Hosers | Luke Perry |
| 62 | Extreme via Farmers | Eric Dravin |
| 63 | Extreme via Hunters | Matt DelGuidice |
| 64 | Lmbrjacks via Quakers | Claude Larue |
| Pick Number | Team | Player Number |
|---|---|---|
| 65 | TazDevils via Cavemen | Paul McLeod |
| 66 | TazDevils | Ben Smith |
| 67 | Hunters via Extreme | Antrim Jackson |
| 68 | Extreme via Hunters via Loggers | Branislav Mezei |
| 69 | Gamblers | Butch Orr | 70 | Lmbrjacks | Charlie Wheeler |
| 71 | GrtWhite | Yurii Kuzmin |
| 72 | Soldats | Valeri Petrov |
| 73 | Torpedoes | Harley Conan |
| 74 | SeaWolves | Nomore Legs |
| 75 | Hewsons | Harry Doyle |
| 76 | Losers | Edward Morris |
| 77 | Hosers | Jones O'Grady |
| 78 | Soldats via Farmers | Masturbai Makokov |
| 79 | TazDevils via Cavemen via Hunters | Andrew Heggie |
| 80 | Torpedoes via Cavemen via Quakers | Kee Koralov |