| ROUND: 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | ||||||
| Round 5 | ||||||
| No. | Team | Player | Pos. | Last team | League | Nationality |
| 127. | Tampa Bay | Kaspars Astashenko | D | Cincinnati | IHL | Latvia |
| 128. | Atlanta | Derek MacKenzie | C | Sudbury | OHL | Canada |
| 129. | Vancouver | Ryan Thorpe | LW | Spokane | WHL | Canada |
| 130. | N.Y. Islanders | Justin Mapletoft | C | Red Deer | WHL | Canada |
| 131. | Nashville | Konstantin Panov | RW | Kamloops | WHL | Russia |
| 132. | Washington | Roman Tvrdon | LW | Trencin | Slovak U20 | Slovakia |
| 133. | Los Angeles | Jean-Francois Nogues | G | Victoriaville | QMJHL | Canada |
| 134. | Chicago | Michael Jacobsen | D | Belleville | OHL | Canada |
| 135. | Calgary | Matt Doman | RW | Wisconsin | WCHA | USA |
| 136. | Montreal | Dusty Jamieson | LW | Sarnia | OHL | Canada |
| 137. | N.Y. Rangers | Garett Bembridge | RW | Saskatoon | WHL | Canada |
| 138. | Buffalo | Ryan Miller | G | Sault Ste. Marie | NAHL | USA |
| 139. | Edmonton | Jonathan Fauteux | D | Val d'Or | QMJHL | Canada |
| 140. | N.Y. Islanders | Adam Johnson | D | Coleraine Greenway | Minn. HS | USA |
| 141. | Anaheim | Maxim Rybin | RW | Moscow Spartak | RHL | Russia |
| 142. | Colorado | Will Magnuson | D | Lake Superior | CCHA | USA |
| 143. | St. Louis | Trevor Byrne | D | Deerfield Academy | Mass. HS | USA |
| 144. | Pittsburgh | Tomas Skvaridlo | C | Zvolen | Slovak Div. 1 | Slovakia |
| 145. | Montreal | Marc-Andre Thinel | RW | Victoriaville | QMJHL | Canada |
| 146. | Buffalo | Matt Kinch | D | Calgary | WHL | Canada |
| 147. | Boston | Seamus Kotyk | G | Ottawa | OHL | Canada |
| 148. | Tampa Bay | Michal Lanicek | G | Prague Slavia | Czech U20 | Czech |
| 149. | Detroit | Andrei Maximenko | LW | Moscow Soviet Wings | RHL | Russia |
| 150. | Montreal | Matt Shasby | D | Des Moines | USHL | USA |
| 151. | Toronto | Vaclav Zavoral | D | Litvinov | Czech U20 | Czech |
| 152. | Colorado | Jordan Krestanovich | LW | Calgary | WHL | Canada |
| 153. | Calgary | Jesse Cook | D | Denver | WCHA | USA |
| 154. | Ottawa | Andrew Ianiero | LW | Kingston | OHL | Canada |
| 155. | San Jose | Niko Dimitrakos | RW | Maine | Hockey East | USA |
| 156. | Dallas | Gregor Baumgartner | C | Bathurst | QMJHL | Austria |
| 157. | Pittsburgh | Vladimir Malenkykh | D | Togliatti | Russia Div. 1 | Russia |
