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Summary
| Rank | Name | Nation | Time |
| 1 | Cathy Freeman | AUS | 49.11 |
| 2 | Lorraine Graham | JAM | 49.58 |
| 3 | Katharine Merry | GBR | 49.72 |
| 4 | Donna Fraser | GBR | 49.79 |
| 5 | Ana Guevara | MEX | 49.96 |
| 6 | Heide Seyerling | RSA | 50.05 |
| 7 | Falilat Ogunkoya | NGR | 50.12 |
| 8 | Olga Kotlyarova | RUS | 51.04 |