| 1 | | 20 | Rabobank CT | 22:34 |
| 2 | | 27 | Carvalhelhos - Boavista | + 10 |
| 3 | | 24 | Comunidad Valenciana | + 14 |
| 4 | | 20 | Rabobank CT | + 23 |
| 5 | | 21 | Rabobank CT | + 30 |
| 6 | | 31 | 3 Molinos Resort | + 32 |
| 7 | | 29 | Imoholding - Loule Jardim Hotel | + 41 |
| 8 | | 24 | Française des Jeux | + 43 |
| 9 | | 26 | Kaiku | + 50 |
| 10 | | 27 | L.A. Aluminios / Liberty Seguros | + 51 |
| 11 | | 28 | Française des Jeux | + 52 |
| 12 | | 31 | Comunidad Valenciana | " |
| 13 | | 19 | Rabobank CT | + 53 |
| 14 | | 21 | Rabobank CT | + 55 |
| 15 | | 36 | Riberalves - Alcobaca | " |
| 16 | | 20 | Carvalhelhos - Boavista | + 58 |
| 17 | | 25 | Kaiku | + 01:02 |
| 18 | | 30 | L.A. Aluminios / Liberty Seguros | " |
| 19 | | 36 | Carvalhelhos - Boavista | + 01:04 |
| 20 | | 37 | Barbot - Halcon | + 01:06 |