| # | Rider | Team | Time | Gap |
|---|---|---|---|---|
| 1 | Valenciana Comunidad | 03:53:36 | 03:53:36 | |
| 2 | Seguros La Aluminios - Liberty | + 20 | + 20 | + 20 |
| 3 | Milaneza Maia | + 20 | + 20 | + 20 |
| 4 | Milaneza Maia | + 23 | + 23 | + 23 |
| 5 | Simplon Elk Haus - | + 25 | + 25 | + 25 |
| 6 | Tavira Duja - | + 29 | + 29 | + 29 |
| 7 | Valenciana Comunidad | + 33 | + 33 | + 33 |
| 8 | Halcon Barbot - | + 33 | + 33 | + 33 |
| 9 | Seguros La Aluminios - Liberty | + 33 | + 33 | + 33 |
| 10 | Barloworld | + 37 | + 37 | + 37 |
| 11 | Halcon Barbot - | + 41 | + 41 | + 41 |
| 12 | Lampre-fondital | + 01:10 | + 01:10 | + 01:10 |
| 13 | Seguros La Aluminios - Liberty | + 01:10 | + 01:10 | + 01:10 |
| 14 | Canelas Madeinox - Bric - Ar | + 01:14 | + 01:14 | + 01:14 |
| 15 | Moveis Paredes Rota Dos | + 01:15 | + 01:15 | + 01:15 |
| 16 | Boavista Carvalhelhos - | + 01:15 | + 01:15 | + 01:15 |
| 17 | - Gam Relax | + 01:18 | + 01:18 | + 01:18 |
| 18 | Kaiku | + 01:18 | + 01:18 | + 01:18 |
| 19 | Seguros La Aluminios - Liberty | + 01:18 | + 01:18 | + 01:18 |
| 20 | Boavista Carvalhelhos - | + 01:18 | + 01:18 | + 01:18 |
| 21 | Barloworld | + 01:18 | + 01:18 | + 01:18 |
| 22 | Moveis Paredes Rota Dos | + 01:18 | + 01:18 | + 01:18 |
| 23 | Alcobaca Riberalves - | + 01:18 | + 01:18 | + 01:18 |
| 24 | Alcobaca Riberalves - | + 01:18 | + 01:18 | + 01:18 |
| 25 | Hotel Imoholding - Loule Jardim | + 01:18 | + 01:18 | + 01:18 |
| 26 | Boavista Carvalhelhos - | + 01:25 | + 01:25 | + 01:25 |
| 27 | Halcon Barbot - | + 01:25 | + 01:25 | + 01:25 |
| 28 | Flaminia Ceramica | + 01:25 | + 01:25 | + 01:25 |
| 29 | Milaneza Maia | + 01:29 | + 01:29 | + 01:29 |
| 30 | Alcobaca Riberalves - | + 01:31 | + 01:31 | + 01:31 |
| 31 | Valenciana Comunidad | + 01:31 | + 01:31 | + 01:31 |
| 32 | Halcon Barbot - | + 01:33 | + 01:33 | + 01:33 |
| 33 | Moveis Paredes Rota Dos | + 01:49 | + 01:49 | + 01:49 |
| 34 | Alcobaca Riberalves - | + 01:49 | + 01:49 | + 01:49 |
| 35 | Canelas Madeinox - Bric - Ar | + 02:05 | + 02:05 | + 02:05 |
| 36 | Tavira Duja - | + 02:12 | + 02:12 | + 02:12 |
| 37 | Seguros La Aluminios - Liberty | + 02:12 | + 02:12 | + 02:12 |
| 38 | Valenciana Comunidad | + 02:14 | + 02:14 | + 02:14 |
| 39 | Hotel Imoholding - Loule Jardim | + 02:21 | + 02:21 | + 02:21 |
| 40 | Moveis Paredes Rota Dos | + 02:25 | + 02:25 | + 02:25 |
| 41 | Alcobaca Riberalves - | + 02:25 | + 02:25 | + 02:25 |
| 42 | - Asc Vitoria | + 02:28 | + 02:28 | + 02:28 |
| 43 | Milaneza Maia | + 03:53 | + 03:53 | + 03:53 |
| 44 | Halcon Barbot - | + 03:53 | + 03:53 | + 03:53 |
| 45 | Lampre-fondital | + 04:05 | + 04:05 | + 04:05 |
| 46 | Lampre-fondital | + 04:05 | + 04:05 | + 04:05 |
| 47 | Seguros La Aluminios - Liberty | + 05:11 | + 05:11 | + 05:11 |
| 48 | Seguros La Aluminios - Liberty | + 07:57 | + 07:57 | + 07:57 |
| 49 | Alcobaca Riberalves - | + 07:57 | + 07:57 | + 07:57 |
| 50 | Flaminia Ceramica | + 07:57 | + 07:57 | + 07:57 |
| 51 | Tavira Duja - | + 07:57 | + 07:57 | + 07:57 |
| 52 | Moveis Paredes Rota Dos | + 07:57 | + 07:57 | + 07:57 |
| 53 | Hotel Imoholding - Loule Jardim | + 09:45 | + 09:45 | + 09:45 |
| 54 | Hotel Imoholding - Loule Jardim | + 09:45 | + 09:45 | + 09:45 |
| 55 | Lampre-fondital | + 09:45 | + 09:45 | + 09:45 |
| 56 | Kaiku | + 09:45 | + 09:45 | + 09:45 |
| 57 | Hotel Imoholding - Loule Jardim | + 09:45 | + 09:45 | + 09:45 |
| 58 | Barloworld | + 09:45 | + 09:45 | + 09:45 |
| 59 | - Asc Vitoria | + 09:45 | + 09:45 | + 09:45 |
| 60 | Boavista Carvalhelhos - | + 09:45 | + 09:45 | + 09:45 |
| 61 | Boavista Carvalhelhos - | + 09:45 | + 09:45 | + 09:45 |
| 62 | - Asc Vitoria | + 09:45 | + 09:45 | + 09:45 |
| 63 | Canelas Madeinox - Bric - Ar | + 09:45 | + 09:45 | + 09:45 |
| 64 | Canelas Madeinox - Bric - Ar | + 09:45 | + 09:45 | + 09:45 |
| 65 | Lampre-fondital | + 09:45 | + 09:45 | + 09:45 |
| 66 | Simplon Elk Haus - | + 09:45 | + 09:45 | + 09:45 |
| 67 | Lampre-fondital | + 09:45 | + 09:45 | + 09:45 |
| 68 | Canelas Madeinox - Bric - Ar | + 09:45 | + 09:45 | + 09:45 |
| 69 | Tavira Duja - | + 09:45 | + 09:45 | + 09:45 |
| 70 | Seguros La Aluminios - Liberty | + 10:04 | + 10:04 | + 10:04 |
| 71 | Tavira Duja - | + 12:11 | + 12:11 | + 12:11 |
| 72 | Barloworld | + 14:43 | + 14:43 | + 14:43 |
| 73 | Barloworld | + 14:43 | + 14:43 | + 14:43 |
| 74 | Hotel Imoholding - Loule Jardim | + 14:43 | + 14:43 | + 14:43 |
| 75 | Simplon Elk Haus - | + 14:43 | + 14:43 | + 14:43 |
| 76 | Boavista Carvalhelhos - | + 14:43 | + 14:43 | + 14:43 |
| 77 | Simplon Elk Haus - | + 14:43 | + 14:43 | + 14:43 |
| 78 | Canelas Madeinox - Bric - Ar | + 14:43 | + 14:43 | + 14:43 |
| 79 | Alcobaca Riberalves - | + 14:43 | + 14:43 | + 14:43 |
| 80 | Moveis Paredes Rota Dos | + 14:43 | + 14:43 | + 14:43 |
| 81 | Hotel Imoholding - Loule Jardim | + 14:43 | + 14:43 | + 14:43 |
| 82 | Milaneza Maia | + 14:43 | + 14:43 | + 14:43 |
| 83 | Tavira Duja - | + 14:43 | + 14:43 | + 14:43 |
| 84 | Kaiku | + 14:43 | + 14:43 | + 14:43 |
| 85 | Tavira Duja - | + 14:43 | + 14:43 | + 14:43 |
| 86 | - Gam Relax | + 14:43 | + 14:43 | + 14:43 |
| 87 | - Gam Relax | + 14:43 | + 14:43 | + 14:43 |
| 88 | Halcon Barbot - | + 14:43 | + 14:43 | + 14:43 |
| 89 | Valenciana Comunidad | + 14:43 | + 14:43 | + 14:43 |
| 90 | Tavira Duja - | + 14:43 | + 14:43 | + 14:43 |
| 91 | Kaiku | + 14:43 | + 14:43 | + 14:43 |
| 92 | Tavira Duja - | + 14:43 | + 14:43 | + 14:43 |
| 93 | Kaiku | + 14:43 | + 14:43 | + 14:43 |
| 94 | Flaminia Ceramica | + 18:34 | + 18:34 | + 18:34 |
| 95 | Flaminia Ceramica | + 18:34 | + 18:34 | + 18:34 |
| 96 | - Asc Vitoria | + 18:34 | + 18:34 | + 18:34 |
| 97 | Boavista Carvalhelhos - | + 18:34 | + 18:34 | + 18:34 |
| 98 | Milaneza Maia | + 18:34 | + 18:34 | + 18:34 |
| 99 | Canelas Madeinox - Bric - Ar | + 18:34 | + 18:34 | + 18:34 |
| 100 | Flaminia Ceramica | + 18:34 | + 18:34 | + 18:34 |
| 101 | Halcon Barbot - | + 18:34 | + 18:34 | + 18:34 |
| 102 | Moveis Paredes Rota Dos | + 18:34 | + 18:34 | + 18:34 |
| 103 | Boavista Carvalhelhos - | + 18:34 | + 18:34 | + 18:34 |
| 104 | Barloworld | + 18:34 | + 18:34 | + 18:34 |
| 105 | Seguros La Aluminios - Liberty | + 18:34 | + 18:34 | + 18:34 |
| 106 | - Gam Relax | + 18:34 | + 18:34 | + 18:34 |
| 107 | - Gam Relax | + 18:41 | + 18:41 | + 18:41 |
| 108 | Kaiku | + 18:41 | + 18:41 | + 18:41 |
| 109 | Milaneza Maia | + 19:01 | + 19:01 | + 19:01 |
| 110 | Milaneza Maia | + 19:01 | + 19:01 | + 19:01 |
| 111 | Milaneza Maia | + 40:24 | + 40:24 | + 40:24 |