| # | Rider | Team | Time | Gap |
|---|---|---|---|---|
| 1 | Koldo Gil | Saunier Duval - Prodir | 04:06:05 | |
| 2 | Francisco Mancebo | Relax - GAM | + 10 | + 10 |
| 3 | Pedro Arreitunandia | Barloworld | + 22 | + 22 |
| 4 | Javier Ramirez Torres Jesus | Spiuk - Extremadura | + 28 | + 28 |
| 5 | Giampaolo Cheula | Barloworld | + 31 | + 31 |
| 6 | Antonio Serrano Marcos | Karpin-Galicia | + 34 | + 34 |
| 7 | Jaume Rovira | Vina Magna - Cropu | + 34 | + 34 |
| 8 | Danail Petrov | Benfica | + 34 | + 34 |
| 9 | David Bernabeu | Fuerteventura - Canarias | + 36 | + 36 |
| 10 | Javier Moreno | Spiuk - Extremadura | + 47 | + 47 |
| 11 | Jordi Grau Sogas | Liberty Seguros | + 01:01 | + 01:01 |
| 12 | Jorge Ferrio Luque | Andalucia - Cajasur | + 01:32 | + 01:32 |
| 13 | Nuno Ribeiro | Liberty Seguros | + 01:32 | + 01:32 |
| 14 | Eladio Jiménez | Karpin-Galicia | + 01:41 | + 01:41 |
| 15 | Antonio Olmo | Andalucia - Cajasur | + 01:42 | + 01:42 |
| 16 | Santiago Pérez | Relax - GAM | + 01:42 | + 01:42 |
| 17 | John-lee Augustyn | Barloworld | + 01:42 | + 01:42 |
| 18 | Carlos Fernandez Mora Juan | Spiuk - Extremadura | + 01:53 | + 01:53 |
| 19 | Rui Sousa | Liberty Seguros | + 02:06 | + 02:06 |
| 20 | Joseba Zubeldia | Euskaltel-Euskadi | + 02:07 | + 02:07 |
| 21 | Manuel Gomes Colinas Victor | Vina Magna - Cropu | + 02:22 | + 02:22 |
| 22 | Didac Ortega Orts | Benfica | + 02:27 | + 02:27 |
| 23 | Diego Gallego | Vina Magna - Cropu | + 02:43 | + 02:43 |
| 24 | Mattia Turrina | Serramenti - Selle Italia | + 02:49 | + 02:49 |
| 25 | Hernani Broco | Liberty Seguros | + 02:57 | + 02:57 |
| 26 | Angel Vicioso | Relax - GAM | + 02:59 | + 02:59 |
| 27 | Benat Intxausti | Grupo Nicolas Mateos | + 03:02 | + 03:02 |
| 28 | Stijn Vandenbergh | Unibet.com | + 03:02 | + 03:02 |
| 29 | Pedro Romero Ocampo | Spiuk - Extremadura | + 03:02 | + 03:02 |
| 30 | Jose Herrada | Vina Magna - Cropu | + 03:04 | + 03:04 |
| 31 | Luis Carrasco Gamiz José | Andalucia - Cajasur | + 03:04 | + 03:04 |
| 32 | Juan Olmo | Andalucia - Cajasur | + 03:04 | + 03:04 |
| 33 | Manuel Ortega | Andalucia - Cajasur | + 03:04 | + 03:04 |
| 34 | Oscar Sevilla | Relax - GAM | + 03:04 | + 03:04 |
| 35 | Vicente Peiro Marqueno | Grupo Nicolas Mateos | + 03:10 | + 03:10 |
| 36 | Roberto Alvarez Martin Luis | Vina Magna - Cropu | + 03:14 | + 03:14 |
| 37 | Ruben Lobato | Saunier Duval - Prodir | + 03:28 | + 03:28 |
| 38 | Iker Flores | Fuerteventura - Canarias | + 03:44 | + 03:44 |
| 39 | José Azevedo | Benfica | + 05:00 | + 05:00 |
| 40 | Josu Agirre Asegniloaza | Orbea - Laukiz F.T. | + 05:00 | + 05:00 |
| 41 | Luis Pérez Rodríguez | Andalucia - Cajasur | + 05:02 | + 05:02 |
| 42 | Jose Ruiz Sanchez | Andalucia - Cajasur | + 05:02 | + 05:02 |
| 43 | Julian Sanchez | Relax - GAM | + 05:02 | + 05:02 |
| 44 | David Muñoz | Fuerteventura - Canarias | + 05:16 | + 05:16 |
| 45 | Alessandro Donati | Acqua e Sapone | + 05:51 | + 05:51 |
| 46 | Francesco Di Paolo | Acqua e Sapone | + 05:51 | + 05:51 |
| 47 | Antonio Pecharroman Jose | Benfica | + 06:03 | + 06:03 |
| 48 | José Oroz Juan | Orbea - Laukiz F.T. | + 06:15 | + 06:15 |
| 49 | Xabat Ochotorena | Orbea - Laukiz F.T. | + 06:15 | + 06:15 |
| 50 | Egoitz Murgoitio Rekalde | Grupo Nicolas Mateos | + 06:33 | + 06:33 |
| 51 | Alberto Fernandez | Saunier Duval - Prodir | + 07:03 | + 07:03 |
| 52 | Raul Santamarta Valvuena | + 07:23 | + 07:23 | |
| 53 | Gonzalo Rabuñal | Karpin-Galicia | + 07:23 | + 07:23 |
| 54 | Philippe Schnyder | Serramenti - Selle Italia | + 07:23 | + 07:23 |
| 55 | Mario de Sarraga Orviz | Relax - GAM | + 07:23 | + 07:23 |
| 56 | Gustavo Dominguez Lemos | Karpin-Galicia | + 07:23 | + 07:23 |
| 57 | Gil Suray | Unibet.com | + 07:55 | + 07:55 |
| 58 | Josu Mondelo Diaz | Spiuk - Extremadura | + 09:03 | + 09:03 |
| 59 | Avelino Antuna Coro Andres | Relax - GAM | + 09:12 | + 09:12 |
| 60 | Niels Scheuneman | Unibet.com | + 09:25 | + 09:25 |
| 61 | Pablo de Pedro Garcia | Grupo Nicolas Mateos | + 10:47 | + 10:47 |
| 62 | Fernando Torres Martin | Spiuk - Extremadura | + 11:17 | + 11:17 |