| ROUND: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | ||||||
| Round 3 | ||||||
| No. | Team | Player | Pos. | Last team | League | Nationality |
| 53. | Edmonton | Corey Neilson | D | North Bay | OHL | Canada |
| 54. | Montreal | Chris Murray | RW | Kamloops | WHL | Canada |
| 55. | Tampa Bay | Vadim Epanchintsev | C | Moscow Spartak | IHL (CIS) | Russia |
| 56. | Winnipeg | Dorian Anneck | C | Victoria | WHL | Canada |
| 57. | Pittsburgh | Sven Butenschon | D | Brandon | WHL | Germany |
| 58. | Winnipeg | Tavis Hansen | RW | Tacoma | WHL | Canada |
| 59. | Los Angeles | Vitali Yachmenev | RW | North Bay | OHL | Russia |
| 60. | Edmonton | Brad Symes | D | Portland | WHL | Canada |
| 61. | Quebec | Sebastien Bety | D | Drummondville | QMJHL | Canada |
| 62. | Philadelphia | Artem Anisimov | D | Kazan | IHL (CIS) | Russia |
| 63. | N.Y. Islanders | Jason Strudwick | D | Kamloops | WHL | Canada |
| 64. | Toronto | Fredrik Modin | LW | Timra | Swe. Div. 1 | Sweden |
| 65. | Vancouver | Chad Allan | D | Saskatoon | WHL | Canada |
| 66. | San Jose | Alexei Yegorov | RW | St. Petersburg | IHL (CIS) | Russia |
| 67. | Anaheim | Craig Reichert | RW | Red Deer | WHL | Canada |
| 68. | St. Louis | Stephane Roy | C | Val d'Or | QMJHL | Canada |
| 69. | Buffalo | Rumun Ndur | D | Guelph | OHL | Canada |
| 70. | Montreal | Marko Kiprusoff | D | Turku | SM-Liiga | Finland |
| 71. | New Jersey | Sheldon Souray | D | Tri-City | WHL | Canada |
| 72. | Quebec | Chris Drury | C | Fairfield Prep | Conn. HS | USA |
| 73. | Pittsburgh | Greg Crozier | LW | Lawrence Academy | Mass. HS | USA |
| 74. | Montreal | Martin Belanger | D | Granby | QMJHL | Canada |
| 75. | Detroit | Sean Gillam | D | Spokane | WHL | Canada |
| 76. | Pittsburgh | Alexei Krivchenkov | D | Moscow CSKA | CIS Div. 1 | Russia |
| 77. | Calgary | Chris Clark | RW | Springfield | EJHL | USA |
| 78. | N.Y. Rangers | Adam Smith | D | Tacoma | WHL | Canada |
