| ROUND: 1 | 2 | 3 | 4 | 5 | 6 | 7 | ||||||
| Round 1 | ||||||
| No. | Team | Player | Pos. | Last team | League | Nationality |
| 1. | St. Louis | Erik Johnson | D | U.S. NTDP | NAHL | USA |
| 2. | Pittsburgh | Jordan Staal | C | Peterborough | OHL | Canada |
| 3. | Chicago | Jonathan Toews | C | North Dakota | WCHA | Canada |
| 4. | Washington | Nicklas Backstrom | C | Gavle | Elitserien | Sweden |
| 5. | Boston | Phil Kessel | C | Minnesota | WCHA | USA |
| 6. | Columbus | Derick Brassard | C | Drummondville | QMJHL | Canada |
| 7. | N.Y. Islanders | Kyle Okposo | RW | Des Moines | USHL | USA |
| 8. | Phoenix | Peter Mueller | C | Everett | WHL | USA |
| 9. | Minnesota | James Sheppard | C | Cape Breton | QMJHL | Canada |
| 10. | Florida | Michael Frolik | C | Kladno | Czech Extraliga | Czech |
| 11. | Los Angeles | Jonathan Bernier | G | Lewiston | QMJHL | Canada |
| 12. | Atlanta | Bryan Little | C | Barrie | OHL | Canada |
| 13. | Toronto | Jiri Tlusty | LW | Kladno | Czech Extraliga | Czech |
| 14. | Vancouver | Michael Grabner | RW | Spokane | WHL | Austria |
| 15. | Tampa Bay | Riku Helenius | G | Tampere Ilves | Finland U20 | Finland |
| 16. | San Jose | Ty Wishart | D | Prince George | WHL | Canada |
| 17. | Los Angeles | Trevor Lewis | C | Des Moines | USHL | USA |
| 18. | Colorado | Chris Stewart | RW | Kingston | OHL | Canada |
| 19. | Anaheim | Mark Mitera | D | Michigan | CCHA | USA |
| 20. | Montreal | David Fischer | D | Apple Valley | Minn. HS | USA |
| 21. | N.Y. Rangers | Bobby Sanguinetti | D | Owen Sound | OHL | USA |
| 22. | Philadelphia | Claude Giroux | RW | Gatineau | QMJHL | Canada |
| 23. | Washington | Semyon Varlamov | G | Yaroslavl | Russia Div. 2 | Russia |
| 24. | Buffalo | Dennis Persson | D | Vasteras | Sweden U20 | Sweden |
| 25. | St. Louis | Patrik Berglund | C | Vasteras | Sweden U20 | Sweden |
| 26. | Calgary | Leland Irving | G | Everett | WHL | Canada |
| 27. | Dallas | Ivan Vishnevsky | D | Rouyn-Noranda | QMJHL | Russia |
| 28. | Ottawa | Nick Foligno | LW | Sudbury | OHL | USA |
| 29. | Phoenix | Chris Summers | D | U.S. NTDP | NAHL | USA |
| 30. | New Jersey | Matt Corrente | D | Saginaw | OHL | Canada |
