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Date: 30 July 1996 / 3 August 1996
Heats
Semi-finals
Final
| Rank | Name | Nation | Time |
| 1 | Martin Doktor | CZE | 3:54.418 |
| 2 | Ivans Klementjevs | LAT | 3:54.954 |
| 3 | Gyorgy Zala | HUN | 3:56.366 |
| 4 | Patrick Schulze | GER | 3:57.778 |
| 5 | Pascal Sylvoz | FRA | 3:59.014 |
| 6 | Victor Partnoi | ROU | 3:59.858 |
| 7 | Roman Bundz | UKR | 4:02.078 |
| 8 | Ivan Sabjan | CRO | 4:04.066 |
| 9 | Nikolay Bukhalov | BUL | 4:13.034 |
| Semi-finals | |||
| 10 | Arne Nielsson | DEN | 4:14.573 |
| 11 | Jan Kubica | SVK | 4:22.773 |
| 11 | Jose Manuel Crespo | ESP | 4:15.939 |
| 13 | Konstantin Negodyayev | KAZ | 4:26.261 |
| 13 | Vadim Salcutan | MDA | 4:16.639 |
| 15 | Gavin Maxwell | CAN | 4:27.721 |
| 15 | Yevgeniy Astanin | UZB | 4:19.151 |
| 17 | Silvestre Pereira | POR | 4:31.199 |
| 17 | Joseph Harper | USA | 4:39.949 |