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Summary
| Rank | Name | Nation | Time |
| 1 | Alberto Winkler; Romano Sgheiz; Angelo Vanzin; Franco Trincavelli; Ivo Stefanoni (Coxswain) | ITA | 7:19.4 |
| 2 | Olle Larsson; Gösta Eriksson; Ivar Aronsson; Evert Gunnarsson; Bertil Göransson (Coxswain) | SWE | 7:22.4 |
| 3 | Kauko Hänninen; Reino Poutanen; Veli Lehtelä; Toimi Pitkänen; Matti Niemi (Coxswain) | FIN | 7:30.9 |
| 4 | Gordon Cowey; Kevin McMahon; Reg Libbis; Mick Allen; John Jenkinson (Coxswain) | AUS | 7:31.1 |