| Rank Lane Name Nationality Time Notes | |
| - 4 Pieter van den Hoogenband Netherlands 1:45.35 =WR | |
| - 5 Ian Thorpe Australia 1:45.83 - | |
| - 3 Massimiliano Rosolino Italy 1:46.65 - | |
| 4 6 Josh Davis United States 1:46.73 AM | |
| 5 8 Paul Palmer Great Britain 1:47.95 - | |
| 6 7 James Salter Great Britain 1:48.74 - | |
| 7 2 Rick Say Canada 1:48.76 - | |
| 8 1 Grant Hackett Australia 1:49.46 - | |