| ROUND: 1 | 2 | 3 | 4 | 5 | 6 | 7 | ||||||
| Round 5 | ||||||
| No. | Team | Player | Pos. | Last team | League | Nationality |
| 122. | Philadelphia | Mario Kempe | RW | St. John's | QMJHL | Sweden |
| 123. | Phoenix | Maxim Goncharov | D | Moscow CSKA | Russia Div. 2 | Russia |
| 124. | Los Angeles | Linden Rowat | G | Regina | WHL | Canada |
| 125. | Washington | Brett Leffler | RW | Regina | WHL | Canada |
| 126. | Chicago | Joe Lavin | D | U.S. NTDP | NAHL | USA |
| 127. | Edmonton | Milan Kytnar | C | Topolcany | Slovak U18 | Slovakia |
| 128. | Dallas | Austin Smith | RW | Washington Gunnery | Conn. HS | USA |
| 129. | Dallas | Jamie Benn | LW | Victoria | BCHL | Canada |
| 130. | Boston | Denis Reul | D | Mannheim | German U18 | Germany |
| 131. | Florida | John Lee | D | Waterloo | USHL | USA |
| 132. | Carolina | Chris Terry | LW | Plymouth | OHL | Canada |
| 133. | Montreal | Joe Stejskal | D | Grand Rapids | Minn. HS | USA |
| 134. | Toronto | Juraj Mikus | D | Trencin | Slovak U20 | Slovakia |
| 135. | Colorado | Paul Carey | C | Salisbury School | Conn. HS | USA |
| 136. | Dallas | Ondrej Roman | C | Spokane | WHL | Czech |
| 137. | Los Angeles | Podge Turnbull | C | Waterloo | USHL | USA |
| 138. | N.Y. Rangers | Max Campbell | C | Strathroy | OHA Jr. B | Canada |
| 139. | Buffalo | Brad Eidsness | G | Okotoks | AJHL | Canada |
| 140. | Minnesota | Cody Almond | C | Kelowna | WHL | Canada |
| 141. | Pittsburgh | Jake Muzzin | D | Sault Ste. Marie | OHL | Canada |
| 142. | Montreal | Andrew Conboy | LW | Omaha | USHL | USA |
| 143. | Calgary | Mickey Renaud | C | Windsor | OHL | Canada |
| 144. | Nashville | Andreas Thuresson | LW | Malmo | Elitserien | Sweden |
| 145. | Vancouver | Charles-Antoine Messier | C | Baie-Comeau | QMJHL | Canada |
| 146. | Vancouver | Ilya Kablukov | C | Moscow CSKA | Russia Div. 1 | Russia |
| 147. | Buffalo | Jean-Simon Allard | C | St. John's | QMJHL | Canada |
| 148. | Detroit | Randy Cameron | C | Moncton | QMJHL | Canada |
| 149. | Dallas | Michael Neal | LW | Belleville | OHL | Canada |
| 150. | Tampa Bay | Matt Marshall | C | Noble & Greenough | Mass. HS | USA |
| 151. | Anaheim | Brett Morrison | C | Prince Edward Island | QMJHL | Canada |
