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Date: 18 February 1988
| Rank | Name | Nation | Time |
| 1 | Nikolay Gulyayev | URS | 1:13.03 |
| 2 | Uwe-Jens Mey | GDR | 1:13.11 |
| 3 | Igor Zhelezovsky | URS | 1:13.19 |
| 4 | Eric Flaim | USA | 1:13.53 |
| 5 | Gaétan Boucher | CAN | 1:13.77 |
| 6 | Michael Hadschieff | AUT | 1:13.84 |
| 7 | Guy Thibault | CAN | 1:14.16 |
| 8 | Peter Adeberg | GDR | 1:14.19 |
| 9 | Yasumitsu Kanehama | JPN | 1:14.36 |
| 9 | Bae Gi-Tae | KOR | 1:14.36 |
| 11 | Andrey Bakhvalov | URS | 1:14.39 |
| 12 | Boris Repnin | URS | 1:14.41 |
| 13 | Kimihiro Hamaya | JPN | 1:14.43 |
| 14 | Mike Richmond | AUS | 1:14.61 |
| 15 | André Hoffmann | GDR | 1:14.62 |
| 15 | Hein Vergeer | NED | 1:14.62 |
| 17 | Tom Cushman | USA | 1:14.68 |
| 18 | Keith "Nick" Thometz | USA | 1:14.71 |
| 19 | Jean Pichette | CAN | 1:14.72 |
| 20 | Akira Kuroiwa | JPN | 1:15.05 |
| 21 | Claes Bengtsson | SWE | 1:15.07 |
| 22 | Marcel Tremblay | CAN | 1:15.13 |
| 23 | Yukihiro Mitani | JPN | 1:15.28 |
| 24 | Menno Boelsma | NED | 1:15.34 |
| 25 | Frode Rønning | NOR | 1:15.39 |
| 26 | Rolf Falk-Larssen | NOR | 1:15.42 |
| 27 | Hans Magnusson | SWE | 1:15.79 |
| 28 | Jerzy Dominik | POL | 1:16.16 |
| 29 | Hans van Helden | FRA | 1:16.32 |
| 30 | Göran Johansson | SWE | 1:16.33 |
| 31 | Phillip Tahmindjis | AUS | 1:16.38 |
| 32 | Hans-Peter Oberhuber | FRG | 1:16.62 |
| 33 | Claude Nicouleau | FRA | 1:17.91 |
| 34 | Craig McNicoll | GBR | 1:18.60 |
| 35 | Behudin Merdović | YUG | 1:23.88 |
| 36 | Julian Green | GBR | 1:57.30 |
| Did not finish | |||
| Dan Jansen | USA | ||
| Jan Ykema | NED | ||
| Bjørn Hagen | NOR | ||
| Disqualified | |||
| Uwe Streb | FRG | ||