| No. Team Via | Player | Position | League | Team |
| 1 New York Islanders | Erik Johnson | D | USA | US NAT'L U-18 |
| 2 Atlanta Thrashers | Jordan Staal | C | OHL | Peterborough |
| 3 Dallas Stars | Jonathan Toews | C | WCHA | University of North Dakota |
| 4 Colorado Avalanche TOR | Nicklas Backstrom | C | SWE | Brynas |
| 5 Philadelphia Flyers | Phil Kessel | RW | WCHA | University of Minnesota |
| 6 Phoenix Coyotes | Derrick Brassard | C | QMJHL | Drummondville |
| 7 Ottawa Senators COL | Kyle Okposo | C | USHL | Des Moines |
| 8 San Jose Sharks STL | Michael Frolik | RW | CZE | Kladno |
| 9 Minnesota Wild | Peter Mueller | C | WHL | Everett |
| 10 Florida Panthers | Jonathan Bernier | G | QMJHL | Lewiston |
| 11 Edmonton Oilers | James Sheppard | LW | QMJHL | Cape Breton |
| 12 Calgary Flames | Bryan Little | C | OHL | Barrie |
| 13 Toronto Maple Leafs BUF | Jiri Tlusty | C | CZE | Kladno |
| 14 Minnesota Wild CAR | Bob Sanguinetti | D | OHL | Owen Sound |
| 15 San Jose Sharks WSH | Ty Wishart | D | WHL | Prince George |
| 16 Los Angeles Kings NSH | David Fischer | D | USHSW | Apple Valley |
| 17 Boston Bruins | Riku Helenius | G | FIN | Ilves |
| 18 New Jersey Devils CLB | Patrik Berglund | C | SWE | Vasteras |
| 19 Tampa Bay Lightning PIT | Michael Grabner | RW | WHL | Spokane |
| 20 Atlanta Thrashers MTL | Leland Irving | G | WHL | Everett |
| 21 New York Rangers | Claude Giroux | RW | QMJHL | Gatineau |
| 22 Columbus BlueJackets VAN | Trevor Lewis | RW | USHL | Des Moines |
| 23 Calgary Flames LA | Semen Varlamov | G | RPL | Yaroslavl 2 |
| 24 Phoenix Coyotes CHI | Chris Stewart | RW | OHL | Kingston |
| 25 Detroit Redwings | Cory Emmerton | C/W | OHL | Kingston |
| 26 Atlanta Thrashers SJ | Milan Lucic | LW | WHL | Vancouver |
| 27 Washington Capitals ANH | Ivan Vishnevski | D | QMJHL | Rouyn Noranda |
| 28 Chicago Blackhawks TB | Mark Mitera | D | CCHA | University of Michigan |
| 29 Ottawa Senators | Carl Sneep | D | USHSW | Brainerd |
| 30 Los Angeles Kings NJ | Nigel Williams | D | USA | US NAT'L U-18 |
| 31 San Jose Sharks* LA | Tomas Kana | C | CZE | Vitkovice |
| 32 St. Louis $1,000,000 awarded (removed) | XXXXXXXXXXX | XXXXX | XXXXXX | |
| 33 Toronto Maple Leafs* NJ | Dennis Persson | D | SWE | Vasteras |
| 34 Philadelphia Flyers* | Jhonas Enroth | G | SWE | Sodertalje |
| 35 Montreal Canadiens* | Mathieu Carle | D | QMJHL | Acadie-Bathurst |
| 36 Vancouver Canucks ATL | Ondrej Fiala | C | WHL | Everett |
| 37 Calgary Flames NYI | Francois Bouchard | RW | QMJHL | Baie Comeau |
| 38 Dallas Stars | Michael Neuwirth | G | CZE JR | Sparta Jr |
| 39 Los Angeles Kings TOR | Artem Anisimov | C | RUS | Yaroslavl |
| 40 New Jersey Devils PHI | Chris Summers | D | USA | US NAT'L U-18 |
| 41 Los Angeles Kings PHX | Yuri Alexandrov | D | RUS | Cherepovec |
| 42 Washington Capitals COL | Nick Foligno | LW | OHL | Sudbury |
| 43 New York Rangers* LA | Ben Maxwell | C | WHL | Kootenay |
| 44 Vancouver Canucks STL | Igor Makarov | RW | RUS | Krylja |
| 45 $900,000 to NY Rangers+ (removed) | XXXXXXXXXXX | XXXXX | XXXXXX | |
| 46 Minnesota Wild | Alexander Vasyunov | LW | RPL | Yaroslavl 2 |
| 47 Anaheim Mighty Ducks FLA | Jamie McGinn | LW | OHL | Ottawa |
| 48 New York Rangers* COL | Matthew Corrente | D | OHL | Saginaw |
| 49 Edmonton Oilers | Jesse Joensuu | W | FIN | Assat |
| 50 Minnesota Wild CGY | Mike Weber | D | OHL | Windsor |
| 51 Washington Capitals BUF | Andreas Nodl | RW | USHL | Sioux Falls |
| 52 Carolina Hurricanes | Bryce Swan | RW | QMJHL | Halifax |
| 53 Atlanta Thrashers WSH | Keith Seabrook | D | BCHL | Burnaby |
| 54 New York Islanders* WSH | Michael Ratchuk | D | USA | US NAT'L U-18 |
| 55 Philadelphia Flyers NSH | Blake Geoffrion | LW | USA | US NAT'L U-18 |
| 56 Ottawa Senators WSH | Ryan White | C | WHL | Calgary |
| 57 San Jose Sharks BOS | Codey Burki | C | WHL | Brandon |
| 58 Vancouver Canucks* | Brian Strait | D | USA | US NAT'L U-18 |
| 59 New Jersey Devils * VAN | Simon Danis-Pepin | D | H-East | University of Maine |
| 60 Minnesota Wild CLB | Michael Forney | LW | USHSW | Thief River Falls |
| 61 Pittsburgh Penguins | Riley Holzapfel | C | WHL | Moose Jaw |
| 62 Toronto Maple Leafs* PHI | Nikolai Kulemin | W | RUS | Magnitogorsk |
| 63 Philadelphia Flyers MTL | Dick Axelsson | W | SWE | Huddinge |
| 64 Buffalo Sabres* OTT | Vladimir Zharkov | RW | RPL | CSKA 2 |
| 65 Colorado Avalanche NYR | Shawn Matthias | C | OHL | Belleville |
| 66 New York Islanders VAN | Jeff Petry | D | USHL | Des Moines |
| 67 Chicago Blackhawks LA | Joe Ryan | D | QMJHL | Quebec |
| 68 Washington Capitals CHI | Jan-Mikael Juutilainen | C | FIN JR | Jokerit Jr |
| 69 Anaheim Mighty Ducks DET | Jamie McBain | D | USA | US NAT'L U-18 |
| 70 Calgary Flames SJ | Jonas Junland | D | SWE | Linkoping |
| 71 Colorado Avalanche ANH | Robin Figren | W | SJL | Frolunda Jr |
| 72 Phoenix Coyotes TB | Eric Gryba | D | USHL | Green Bay |
| 73 Buffalo Sabres OTT | Tomas Marcinko | C | SVK | Kosice |
| 74 New Jersey Devils | Jeff Zatkoff | G | CCHA | Miami University |
| 75 Calgary Flames ATL | Michael Carman | C | USA | US NAT'L U-18 |
| 76 Buffalo Sabres NYI | Kaspars Daugavins | LW | LAT | Riga |
| 77 Dallas Stars | Brady Calla | RW | WHL | Everett |
| 78 New Jersey Devils* LA | Jonathan Matsumoto | C | CCHA | Bowling Green |
| 79 Toronto Maple Leafs | Denis Bodrov | D | RUS | Togliatti |
| 80 Carolina Hurricanes PHI | Kirill Tulupov | D | RUS | Alemetjevsk |
| 81 Tampa Bay Lightning* LA | Steve Mason | G | OHL | London |
| 82 Phoenix Coyotes | Brad Marchand | C | QMJHL | Moncton |
| 83 San Jose Sharks COL | John Degray | D | OHL | Brampton |
| 84 Calgary Flames STL | Jonas Ahnelov | D | SWE | Frolunda |
| 85 Atlanta Thrashers MIN | Maxime Lacroix | LW | QMJHL | Quebec |
| 86 $800,000 awarded to NYR (removed) | XXXXXXXXXXX | XXXXX | XXXXXX | |
| 87 Edmonton Oilers FLA | Tommy Sestito | LW | OHL | Plymouth |
| 88 Montreal Canadiens* ATL | Pavel Valentenko | D | RPL | Neftekamsk |
| 89 Minnesota Wild EDM | Ryan Hillier | LW | QMJHL | Halifax |
| 90 Buffalo Sabres CGY | Felix Schutz | C | QMJHL | Saint John |
| 91 Atlanta Thrashers* PHI | Mark Giordano* | D | NHL | Calgary |
| 92 Washington Capitals BUF | David Kveton | RW | CZE | Vsetin |
| 93 Montreal Canadiens CAR | Cameron Cepek | D | WHL | Portland |
| 94 San Jose Sharks WSH | James Delory | D | OHL | Oshawa |
| 95 Anaheim Mighty Ducks NSH | Matt Beleskey | LW | OHL | Belleville |
| 96 Philadelphia Flyers BOS | Theo Peckham | D | OHL | Owen Sound |
| 97 Washington Capitals CLB | John Armstrong | C/RW | OHL | Plymouth |
| 98 Pittsburgh Penguins | Cal Clutterbuck | RW | OHL | Oshawa |
| 99 Edmonton Oilers MTL | Reto Berra | G | SUI | Zurich/Kusnacht |
| 100 Atlanta Thrashers NYR | Michael Caruso | D | OHL | Guelph |
| 101 Edmonton Oilers VAN | Oskar Osala | LW | OHL | Mississauga |
| 102 Ottawa Senators LA | Martin Latal | RW | CZE | Kladno |
| 103 Los Angeles Kings CHI | James Reimer | G | WHL | Red Deer |
| 104 Detroit Redwings | Tony Lagerstrom | C | SJL | Sodertalje Jr |
| 105 Calgary Flames SJ | Bobby Hughes | C | OHL | Kingston |
| 106 Washington Capitals ANH | Doug O'Brien* | D | NHL | Tampa Bay |
| 107 Tampa Bay Lightning | Kevin Quick | D | USHSE | Salisbury |
| 108 Ottawa Senators | Robert Nyholm | RW | FIN JR | IFK Jr |
| 109 Washington Capitals NJ | Ryan Shannon* | C | AHL | Portland |
| 110 Pittsburgh Penguins ATL | Daniel Rahimi | D | SJL | Bjorkloven Jr |
| 111 Pittsburgh Penguins* | Bud Holloway | C/RW | WHL | Seattle |
| 112 Anaheim Mighty Ducks NYI | Alex Biega | D | USHSE | Salisbury |
| 113 Calgary Flames DAL | Aaron Snow | LW | OHL | Brampton |
| 114 Vancouver Canucks TOR | Joseph Palmer | G | USA | US NAT'L U-18 |
| 115 Philadelphia Flyers | Niclas Andersen | D | SWE | Leksand |
| 116 Phoenix Coyotes | Aaron Marvin | C/W | USHSW | Warroad |
| 117 Atlanta Thrashers COL | Marc Cheverie | G | BCHL | Nanaimo |
| 118 Anaheim Mighty Ducks STL | Daniel Larsson | G | SWE | Hammarby |
| 119 Washington Capitals MIN | Luke Lynes | C/LW | OHL | Brampton |
| 120 Vancouver Canucks FLA | Ben Shutron | D | OHL | Kingston |
| 121 Montreal Canadiens* | Harrison Reed | RW | OHL | Sarnia |
| 122 New York Rangers EDM | T.J. Miller | D | BCHL | Penticton |
| 123 Calgary Flames | Pierre-Luc Lessard | D | QMJHL | Gatineau |
| 124 Washington Capitals* SJ | Mario Scalzo* | D | AHL | Iowa |
| 125 Carolina Hurricanes BUF | Rhett Rakhshani | RW | USA | US NAT'L U-18 |
| 126 Carolina Hurricanes | Ryan Turek | C | USHL | Omaha |
| 127 Los Angeles Kings WSH | Alexander Bumagin | W | RUS | Togliatti |
| 128 St. Louis Blues NSH | Joonas Lehtivuori | D | FIN JR | Ilves Jr |
| 129 Los Angeles Kings BOS | Niko Hovinen | G | FIN | Jokerit |
| 130 Pittsburgh Penguins CLB | Niko Snellman | W | FIN JR | Ilves Jr |
| 131 Pittsburgh Penguins | Kyle Medvec | D | USHSW | Apple Valley |
| 132 Montreal Canadiens | Jase Weslosky | G | AJHL | Sherwood Park |
| 133 New York Rangers | David McIntyre | C | OPJRA | Newmarket |
| 134 Anaheim Mighty Ducks VAN | Hugo Carpentier | C | QMJHL | Rouyn Noranda |
| 135 Los Angeles Kings | Peter Harrold* | D | NCAA | Boston College |
| 136 New Jersey Devils CHI | Korbinian Holzer | D | GER | Bad Tolz |
| 137 Washington Capitals DET | Benjamin Breault | C | QMJHL | Baier Comeau |
| 138 Atlanta Thrashers SJ | Grant Clitsome | D | NCAA | Clarkson University |
| 139 Vancouver Canucks ANH | Ryan Flynn | RW | USA | US NAT'L U-18 |
| 140 Los Angeles Kings TB | Constantin Braun | LW | GER | Eisbaren |
| 141 Nashville Predators OTT | Jakub Kovar | G | CZE JR | Budejovice Jr |
| 142 Ottawa Senators NJ | Kevin Montgomery | D | USA | US NAT'L U-18 |
| 143 Tampa Bay Lightning ATL | Ben Wright | D | WHL | Lethbridge |
| 144 Calgary Flames NYI | Tomas Zaborsky | W | SVK | Trencin |
| 145 Pittsburgh Penguins* | Richard Bachman | G | USHSE | Cushing Academy |
| 146 Dallas Stars | Nick Sucharski | LW | CCHA | Michigan State |
| 147 Anaheim Mighty Ducks TOR | Petteri Wirtanen | C | FIN | HPK |
| 148 Philadelphia Flyers* | Brett Bennett | G | USA | US NAT'L U-18 |
| 149 Los Angeles Kings* WSH | Sergei Shirokov | W | RUS | CSKA |
| 150 $500,000 to ANH WSH | XXXXXXXXXXX | XXXXX | XXXXXX | |
| 151 Detroit Redwings* | Derrick Lapoint | D | USHSW | Eau Claire North |
| 152 New York Islanders* | Doug Rogers | C | USHSE | St. Sebastian's |
| 153 Philadelphia Flyers | Shane Sims | D | USHL | Des Moines |
| 154 Buffalo Sabres* OTT | Timo Seppanen | D | FIN | IFK |
| 155 Phoenix Coyotes | Peter Aston | D | OHL | Windsor |
| 156 New York Islanders COL | Andy Sackrison | C/LW | USHSW | St. Louis Park |
| 157 Calgary Flames STL | Bryan Pitton | G | OHL | Brampton |
| 158 Philadelphia Flyers MIN | Maxime Frechette | D | QMJHL | Drummondville |
| 159 Minnesota Wild FLA | Alex Kangas | G | USHL | Sioux Falls |
| 160 Edmonton Oilers | Martin Nolet | D | QAAJHL | Champlain |
| 161 Ottawa Senators CGY | Chad Johnson | G | CCHA | Alaska-Fairbanks |
| 162 Buffalo Sabres | Andrei Popov | RW | RUS | Chelyabinsk |
| 163 Carolina Hurricanes | Andrew Bodnarchuk | D | QMJHL | Halifax |
| 164 New Jersey Devils WSH | David Meckler | C | ECAC | Yale |
| 165 Buffalo Sabres NSH | Jan Mursak | LW | CZE JR | Budejovice Jr |
| 166 Minnesota Wild* FLA | Cody Wild | D | H-East | Providence |
| 167 Columbus BlueJackets* FLA | Kim Johansson | W | SJL | Malmo Jr |
| 168 Detroit Redwings BOS | Jonathan Rheault | RW | H-East | Providence |
| 169 $500,000 to CHI | XXXXXXXXXXX | XXXXX | XXXXXX | |
| 170 Ottawa Senators CLB | Olivier Magnan | D | QMJHL | Rouyn Noranda |
| 171 Pittsburgh Penguins | Max Warn | LW | FIN JR | IFK Jr |
| 172 Minnesota Wild* | Viktor Stahlberg | LW | SWE | Frolunda |
| 173 Boston Bruins* | Tyler Ruegsegger | C/RW | USHSW | Shattuck-St. Mary's |
| 174 Montreal Canadiens | Jusso Puustinen | RW | FIN JR | Kalpa Jr |
| 175 Boston Bruins* | Matthew McCollem | LW | USHSE | Belmont Hill |
| 176 Vancouver Canucks NYR | Billy Sauer | G | CCHA | University of Michigan |
| 177 Vancouver Canucks* | Benn Ferriero | C/RW | H-East | Boston College |
| 178 Colorado Avalanche* | Ryan Daniels | G | OHL | Saginaw |
| 179 Los Angeles Kings* | Daniel Girardi* | D | AHL | Hartford |
| 180 Minnesota Wild VAN | Andrew MacDonald | D | QMJHL | Moncton |
| 181 Washington Capitals LA | Tony Romano | C | AJHL | NY Bobcats |
| 182 Buffalo Sabres CHI | Stefan Ridderwall | G | SJL | Djurgarden Jr |
| 183 Anaheim Mighty Ducks DET | Juraj Simek | W | SUI | Kloten |
| 184 Philadelphia Flyers SJ | Julian Walker | W | SUI | Basel |
| 185 Pittsburgh Penguins* | Dane Crowley | D | WHL | Swift Current |
| 186 Buffalo Sabres ANH | Jordan Bendfeld | D | WHL | Medicine Hat |
| 187 Tampa Bay Lightning | Stefan Chaput | C | QMJHL | Lewiston |
| 188 New York Islanders OTT | Brent Gwidt | C | USHSW | Lakeland H.S. |
| 189 Toronto Maple Leafs NJ | Levi Nelson | C | WHL | Swift Current |
| 190 Toronto Maple Leafs ATL | Jesse Dudas | D | WHL | Prince George |
| 191 St. Louis Blues NYI | Jonas Enlund | C | FIN JR | IFK Jr |
| 192 Dallas Stars | Kevin Koopman | D | KIJHL | Beaver Valley Jr B |
| 193 Toronto Maple Leafs | Chris Auger | C | OPJRA | Wellington |
| 194 Philadelphia Flyers | Jordan Fulton | C | USHSW | Breck |
| 195 Phoenix Coyotes | Michael Dupont | G | QMJHL | Baie Comeau |
| 196 Colorado Avalanche | Brian Day | RW | USHSE | Governor Dummer |
| 197 St. Louis Blues | Mathieu Perreault | C | QMJHL | Acadie-Bathurst |
| 198 Nashville Predators MIN | Leo Komarov | C | FIN | Assat |
| 199 Nashville Predators FLA | Nick Dodge | RW | ECAC | Clarkson University |
| 200 Edmonton Oilers | Nick Oslund | RW | USHSW | Burnsville |
| 201 Toronto Maple Leafs CGY | Alexander Hellstrom | D | SWE | Bjorkloven |
| 202 New Jersey Devils BUF | Troy Mattila | LW | NAHL | Springfield |
| 203 Carolina Hurricanes | Peter Leblanc | C/LW | OPJRA | Hamilton |
| 204 Edmonton Oilers WSH | Viktor Sjodin | W | SJL | Vasteras Jr |
| 205 Nashville Predators | Devin Didiomete | LW | OHL | Sudbury |
| 206 Boston Bruins | Chris Frank | D | CCHA | Western Michigan |
| 207 St. Louis Blues CLB | Derek Dorsett | RW | WHL | Medicine Hat |
| 208 Columbus Blue Jackets PIT | Chris Hickey | C | USHSW | Cretin Derham Hall |
| 209 Montreal Canadiens | Matt Marquardt | LW | QMJHL | Moncton |
| 210 Toronto Maple Leafs NYR | Jesse Martin | C | AJHL | Spruce Grove |
| 211 Vancouver Canucks | Jay Barriball | F | USHL | Sioux Falls |
| 212 Philadelphia Flyers LA | Evan Fuller | RW | WHL | Prince George |
| 213 New Jersey Devils CHI | Denis Kazionov | LW | RUS | Tver |
| 214 Detroit Redwings | Arturs Kulda | D | RPL | CSKA 2 |
| 215 Anaheim Mighty Ducks SJ | John McCarthy | LW | H-East | Boston University |
| 216 Anaheim Mighty Ducks | Logan Pyett | D | WHL | Regina |
| 217 New Jersey Devils TB | Kyle Henegan | D | QMJHL | Shawingan |
| 218 Dallas Stars OTT | Erik Condra | RW | CCHA | University of Notre Dame |
| 219 New Jersey Devils | Per Jonsson | F | SWE JR | Farjestad Jr |
| 220 Calgary Flames ATL | David Brine* | LW | AHL | Manitoba |
| 221 New York Islanders | Lukas Zeliska | C | CZE JR | Trinec Jr |
| 222 Dallas Stars | Justin Krueger | D | BCHL | Penticton |
| 223 Vancouver Canucks TOR | Will O'Neill | D | USHSE | Tabor Academy |
| 224 Philadelphia Flyers | Pascal Pelletier* | C | AHL | Providence |
| 225 Vancouver Canucks PHX | Brett Jaeger* | G | ECHL | Fresno |
| 226 Anaheim Mighty Ducks COL | Francis Lemieux* | C | AHL | Hamilton |
| 227 St. Louis Blues | Alex Leavitt* | C | ECHL | Alaska |
| 228 Minnesota Wild | Simon Ferguson* | W | AHL | Portland |
| 229 Los Angeles Kings FLA | Peter Tsimikalis* | C | AHL | Bridgeport |
| 230 Edmonton Oilers | Alexei Glukhov | F | RSL | Khimik-Russia |
| 231 Los Angeles Kings CGY | James Sanford* | D | ECHL | Long Beach |
| 232 Los Angles Kings BUF | Ryan Hamilton* | LW | AHL | Houston |
| 233 Carolina Hurricanes | Brian Mahoney-Wilson | G | USHL | Lincoln |
| 234 Washington Capitals | Mark Ardelan* | D | AHL | Manchester |
| 235 Nashville Predators | Carter Lee | F | NCAA | Northeastern University |
| 236 Boston Bruins | Christian Jensen | D | USHL | Waterloo |
| 237 Columbus Bluejackets | Clay Wilson* | D | AHL | Grand Rapids |
| 238 Pittsburgh Penguins | Colby Genoway* | F | AHL | Hartford |
| 239 Montreal Canadiens | Daniel Sisca* | C | ECHL | Florida |
| 240 Toronto Maple Leafs NYR | Daniel Sparre* | LW | ECHL | Charlotte |
| 241 Vancouver Canucks | David Clarkson* | C | AHL | Albany |
| 242 Washington Capitals LA | Sylvain Michaud | G | QMJHL | Chicoutimi |
| 243 New Jersey Devils CHI | Jordan Hendry* | D | AHL | Norfolk |
| 244 St. Louis Blues DET | David Spina* | F | AHL | Springfield |
| 245 Minnesota Wild SJ | Jason Beeman* | RW | ECHL | Long Beach |
| 246 New Jersey Devils ANH | Tim Stapleton* | C | AHL | Portland |
| 247 Tampa Bay Lightning | Jordan Henry | D | WHL | Red Deer |
| 248 Ottawa Senators | Kyle Musselman* | RW | ECHL | Dayton |
| 249 New Jersey Devils | Tim Sestito* | C | ECHL | Greenville |
| *-compensatory pick | ||||