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Date: 20 February 1960
| Rank | Name | Nation | Time |
| 1 | Helga Haase | GER | 45.9 |
| 2 | Nataliya Donchenko | URS | 46.0 |
| 3 | Jeanne Ashworth | USA | 46.1 |
| 4 | Tamara Rylova | URS | 46.2 |
| 5 | Hatsue Takamizawa | JPN | 46.6 |
| 6 | Klara Guseva | URS | 46.8 |
| 6 | Elwira Seroczyńska | POL | 46.8 |
| 8 | Fumie Hama | JPN | 47.4 |
| 9 | Doreen Ryan | CAN | 47.7 |
| 10 | Kathy Mulholland | USA | 47.9 |
| 11 | Iris Sihvonen | FIN | 48.1 |
| 12 | Helena Pilejczyk | POL | 48.2 |
| 13 | Françoise Lucas | FRA | 48.3 |
| 14 | Eevi Huttunen | FIN | 48.6 |
| 15 | Christina Scherling | SWE | 48.7 |
| 16 | Jeanne Omelenchuk | USA | 49.3 |
| 17 | Margaret Robb | CAN | 50.0 |
| 18 | Sigrit Behrenz | GER | 50.2 |
| 19 | Yoshiko Takano | JPN | 50.3 |
| 20 | Natascha Liebknecht | GER | 51.4 |
| 21 | Kim Gyeong-Hoe | KOR | 53.2 |
| 22 | Han Hye-Ja | KOR | 53.8 |
| Did not finish | |||
| Elsa Einarsson | SWE | ||