| 1 |  Vladimir Karpets (RUS) | Caisse d'Epargne | 11.55 (50.36 km/h) |
| 2 |  Egoi Martinez De Esteban (SPA) | Discovery Channel Pro Cycling Team | 0.02 |
| 3 |  Florent Brard (FRA) | Caisse d'Epargne | 0.03 |
| 4 | Francisco José Ventoso Alberdi (SPA) | Saunier Duval - Prodir | 0.05 |
| 5 | Alberto Contador Velasco (SPA) | Discovery Channel Pro Cycling Team | 0.06 |
| 6 |  Magnus Bäckstedt (SWE) | Liquigas | 0.09 |
| 7 |  Ivan Basso (ITA) | Discovery Channel Pro Cycling Team | s.t. |
| 8 |  Levi Leipheimer (USA) | Discovery Channel Pro Cycling Team | 0.10 |
| 9 |  Vladimir Miholjevic (CRO) | Liquigas | 0.18 |
| 10 |  Sergio Miguel Paulinho Moreira (POR) | Discovery Channel Pro Cycling Team | s.t. |
| 11 | Jason McCartney (USA) | Discovery Channel Pro Cycling Team | s.t. |
| 12 |  Remmert Wielinga (NED) | Saunier Duval - Prodir | 0.19 |
| 13 |  Janez Brajkovic (SLO) | Discovery Channel Pro Cycling Team | 0.21 |
| 14 | Thomas Danielson (USA) | Discovery Channel Pro Cycling Team | 0.22 |
| 15 | Denis Menchov (RUS) | Rabobank | 0.23 |
| 16 | Emilien Benoît Berges (FRA) | Agritubel | 0.24 |
| 17 | Juan Jose Cobo Acebo (SPA) | Saunier Duval - Prodir | s.t. |
| 18 | Santos Gonzalez Capilla (SPA) | Karpin - Galicia | s.t. |
| 19 | Eloy Teruel Rovira (SPA) | Grupo Nicolás Mateos | s.t. |
| 20 | Gonzalo Rabunal Rios (SPA) | Karpin - Galicia | s.t. |
| 21 | Igor Antón Hernandez (SPA) | Euskaltel - Euskadi | 0.26 |
| 22 |  Nicki Sørensen (DEN) | Team CSC | s.t. |
| 23 | Óscar Sevilla Rivera (SPA) | Relax - Gam | 0.27 |
| 24 | Pablo De Pedro Garcia (SPA) | Grupo Nicolás Mateos | 0.28 |
| 25 | Manuel Lloret Zaragoza (SPA) | Fuerteventura - Canarias | s.t. |
| 26 | Francisco Jose Martinez Perez (SPA) | Andalucía - Cajasur | 0.29 |
| 27 | Egoitz Murgoitio Rekalde (SPA) | Grupo Nicolás Mateos | 0.32 |
| 28 | Inigo Landaluze Intxaurraga (SPA) | Euskaltel - Euskadi | 0.33 |
| 29 |  Jan Hruska (CZE) | Relax - Gam | s.t. |
| 30 | Vicente David Bernabéu Armengol (SPA) | Fuerteventura - Canarias | s.t. |
| 31 | Angel Vallejo Domínguez (SPA) | Relax - Gam | 0.34 |
| 32 | Andoni Aranaga Azkune (SPA) | Euskaltel - Euskadi | s.t. |
| 33 | Constantino Zaballa Gutierrez (SPA) | Caisse d'Epargne | s.t. |
| 34 | José Vicente Garcia Acosta (SPA) | Caisse d'Epargne | s.t. |
| 35 | David Lopez Garcia (SPA) | Caisse d'Epargne | 0.35 |
| 36 | Christian Vandevelde (USA) | Team CSC | 0.36 |
| 37 | Gustavo Dominguez Lemos (SPA) | Karpin - Galicia | 0.37 |
| 38 |  Volodymir Gustov (UKR) | Team CSC | s.t. |
| 39 | Julian Sanchez Pimienta (SPA) | Relax - Gam | 0.39 |
| 40 | Michael Blaudzun (DEN) | Team CSC | 0.40 |
| 41 | Josu Agirre Aseginolaza (SPA) | Orbea - Laukiz F.t. | s.t. |
| 42 | Juan Jose Abril Merino (SPA) | Viña Magna - Cropu | 0.42 |
| 43 | Joan Horrach Rippoll (SPA) | Caisse d'Epargne | s.t. |
| 44 | Jose Ramon Troncoso Sobrino (SPA) | Karpin - Galicia | s.t. |
| 45 | Koldo Gil Perez (SPA) | Saunier Duval - Prodir | s.t. |
| 46 | Oscar Pereiro Sio (SPA) | Caisse d'Epargne | 0.43 |
| 47 | Eladio Sanchez Prado (SPA) | Fuerteventura - Canarias | 0.44 |
| 48 |  Kurt-Asle Arvesen (NOR) | Team CSC | 0.45 |
| 49 | Robert Gesink (NED) | Rabobank | s.t. |
| 50 | Arkaitz Duran Aroca (SPA) | Saunier Duval - Prodir | 0.46 |
| 51 |  Marc De Maar (ANT) | Rabobank | 0.47 |
| 52 |  Patrick Calcagni (SWI) | Liquigas | s.t. |
| 53 | Mikel Artetxe Guezuraga (SPA) | Fuerteventura - Canarias | 0.48 |
| 54 | Juan Jose Oroz Ugalde (SPA) | Euskaltel - Euskadi | 0.49 |
| 55 | Manuel Vazquez Hueso (SPA) | Andalucía - Cajasur | 0.50 |
| 56 | Haimar Zubeldia Aguirre (SPA) | Euskaltel - Euskadi | s.t. |
| 57 | Alberto Losada Alguacil (SPA) | Caisse d'Epargne | s.t. |
| 58 | Manuel Beltran Martinez (SPA) | Liquigas | 0.51 |
| 59 | Benoît Salmon (FRA) | Agritubel | 0.52 |
| 60 | Iván Melero Coco (SPA) | Orbea - Laukiz F.t. | s.t. |
| 61 | Michael Albasini (SWI) | Liquigas | s.t. |
| 62 | Alessandro Vanotti (ITA) | Liquigas | 0.53 |
| 63 | Joaquin Sobrino Martinez (SPA) | Relax - Gam | s.t. |
| 64 | Karsten Kroon (NED) | Team CSC | 0.54 |
| 65 | Ezequiel Mosquera Miguez (SPA) | Karpin - Galicia | s.t. |
| 66 | Iker Leonet Iza (SPA) | Fuerteventura - Canarias | 0.55 |
| 67 | Francisco Javier Aramendia Llorente (SPA) | Orbea - Laukiz F.t. | s.t. |
| 68 | Andoni Lafuente Olaguibel (SPA) | Euskaltel - Euskadi | 0.56 |
| 69 | Jesus Tendero Marcos (SPA) | Viña Magna - Cropu | s.t. |
| 70 | José Bento Azevedo Carvalho (POR) | Benfica | s.t. |
| 71 | Julen Zubero Aldecoa (SPA) | Orbea - Laukiz F.t. | 0.57 |
| 72 |  Linas Balciunas (LTU) | Agritubel | s.t. |
| 73 | Dario Cataldo (ITA) | Liquigas | 0.58 |
| 74 | Raúl García de Mateos Rubio (SPA) | Relax - Gam | s.t. |
| 75 | Alberto Fernandez Sainz (SPA) | Saunier Duval - Prodir | 0.59 |
| 76 | Javier Benitez Pomares (SPA) | Benfica | s.t. |
| 77 | Pieter Weening (NED) | Rabobank | s.t. |
| 78 | Ruben Lobato Elvira (SPA) | Saunier Duval - Prodir | s.t. |
| 79 | Jose Luis Carrasco Gamiz (SPA) | Andalucía - Cajasur | 1.00 |
| 80 | Carlos Sastre Candil (SPA) | Team CSC | s.t. |
| 81 |  Kjell Carlström (FIN) | Liquigas | 1.01 |
| 82 | Victor Manuel Gomes Colinas (SPA) | Viña Magna - Cropu | s.t. |
| 83 | Antonio Cosme Fraile (SPA) | Viña Magna - Cropu | s.t. |
| 84 |  William Walker (AUS) | Rabobank | s.t. |
| 85 | Aaron Villegas Trapaga (SPA) | Orbea - Laukiz F.t. | 1.02 |
| 86 | José Alberto Benitez Roman (SPA) | Saunier Duval - Prodir | s.t. |
| 87 | Alberto Rodriguez Oliver (SPA) | Viña Magna - Cropu | s.t. |
| 88 |  David Martin Velasco (NZL) | Orbea - Laukiz F.t. | 1.05 |
| 89 | Denis Robin (FRA) | Agritubel | s.t. |
| 90 | Eduardo Gonzalo Ramirez (SPA) | Agritubel | 1.07 |
| 91 | José Antonio Banos Ballester (SPA) | Grupo Nicolás Mateos | 1.08 |
| 92 | Thorwald Veneberg (NED) | Rabobank | 1.09 |
| 93 | David Abal Diego (SPA) | Karpin - Galicia | 1.10 |
| 94 | Xabat Ochotorena Arraras (SPA) | Orbea - Laukiz F.t. | s.t. |
| 95 | José Antonio Pecharroman Fabian (SPA) | Benfica | s.t. |
| 96 | Mikel Pradera Rodriguez (SPA) | Benfica | 1.11 |
| 97 | Benoît Sinner (FRA) | Agritubel | 1.12 |
| 98 | Jesus Rosendo Prado (SPA) | Andalucía - Cajasur | 1.13 |
| 99 | Aitor Galdos Alonso (SPA) | Euskaltel - Euskadi | s.t. |
| 100 | Javier Etxarri Marin (SPA) | Grupo Nicolás Mateos | s.t. |
| 101 | Adrian Palomares Villaplana (SPA) | Fuerteventura - Canarias | 1.14 |
| 102 | Gaizka Lasa Larraia (SPA) | Karpin - Galicia | s.t. |
| 103 | Amets Txurruka Ansola (SPA) | Euskaltel - Euskadi | s.t. |
| 104 | Alan Perez Lezaun (SPA) | Euskaltel - Euskadi | 1.15 |
| 105 | Oleg Chuzhda (UKR) | Fuerteventura - Canarias | s.t. |
| 106 | Denis Kudashev (RUS) | Relax - Gam | 1.16 |
| 107 | Beñat Intxausti Elorriaga (SPA) | Grupo Nicolás Mateos | 1.17 |
| 108 | Luis Perez Romero (SPA) | Andalucía - Cajasur | s.t. |
| 109 | Jorge Ferrio Luque (SPA) | Andalucía - Cajasur | 1.18 |
| 110 | Miguel Ochoa Gonzalez (SPA) | Grupo Nicolás Mateos | 1.20 |
| 111 | Luis Perez Rodriguez (SPA) | Andalucía - Cajasur | s.t. |
| 112 | Manuel Calvente Gorbas (SPA) | Agritubel | 1.22 |
| 113 | Jesús Hernández Blázquez (SPA) | Relax - Gam | s.t. |
| 114 | Michael Rasmussen (DEN) | Rabobank | s.t. |
| 115 | Javier Ramirez Abeja (SPA) | Fuerteventura - Canarias | 1.23 |
| 116 | Eduard Vorganov (RUS) | Karpin - Galicia | s.t. |
| 117 |  Daniel Andonov Petrov (BUL) | Benfica | s.t. |
| 118 | Ivan Gilmartin Hernangomez (SPA) | Viña Magna - Cropu | 1.25 |
| 119 | Sergio Miguel Vieira Ribeiro (POR) | Benfica | 1.26 |
| 120 | Vicente Peiro Marqueno (SPA) | Grupo Nicolás Mateos | 1.34 |
| 121 | Max Van Heeswijk (NED) | Rabobank | 1.36 |
| 122 | Inigo Lazkano Iriondo (SPA) | Orbea - Laukiz F.t. | 1.39 |
| 123 | Rui Lavarinhas (POR) | Benfica | 1.42 |
| 124 | Francisco José Lara Ruiz (SPA) | Andalucía - Cajasur | 1.46 |
| 125 | Luis Roberto Alvarez Martín (SPA) | Viña Magna - Cropu | 25 |
