| Round 5 Draft Results | ||||
| PICK (OVR) | NAME | POS | TEAM | FORMER TEAM |
| 1 (122) | Anton Klementyev | D | New York Islanders | Yaroslavl |
| 2 (123) | Alex Velischek | D | Pittsburgh Penguins | Delbarton |
| 3 (124) | Kieran Millan | G | Colorado Avalanche | Boston University |
| 4 (125) | Cody Sol | D | Atlanta Thrashers | Saginaw |
| 5 (126) | David Kolomatis | D | Los Angeles Kings | Owen Sound |
| 6 (127) | Roman Horak | C | New York Rangers | C. Budejovice Jr. |
| 7 (128) | Eric Knodel | D | Toronto Maple Leafs | Philadelphia Jr. B |
| 8 (129) | Tomas Vincour | C | Dallas Stars | Edmonton |
| 9 (130) | Mike Hoffman | C/LW | Ottawa Senators | Drummondville |
| 10 (131) | Matt Kennedy | RW | Carolina Hurricanes | Guelph |
| 11 (132) | Gabriel Bourque | LW | Nashville Predators | Baie-Comeau |
| 12 (133) | Olivier Roy | G | Edmonton Oilers | Cape Breton |
| 13 (134) | Mark Adams | D | Buffalo Sabres | Malden Catholic |
| 14 (135) | Corban Knight | C | Florida Panthers | Okotoks |
| 15 (136) | Radoslav Illo | C | Anaheim Ducks | Tri-City |
| 16 (137) | Thomas Larkin | D | Columbus Blue Jackets | Exeter |
| 17 (138) | Wade Megan | C | Florida Panthers | South Kent School |
| 18 (139) | Gabriel Dumont | C | Montreal Canadiens | Drummondville |
| 19 (140) | Scott Stajcer | G | New York Rangers | Owen Sound |
| 20 (141) | Spencer Bennett | LW | Calgary Flames | Surrey |
| 21 (142) | Nicola Riopel | G | Philadelphia Flyers | Moncton |
| 22 (143) | Peter Andersson | D | Vancouver Canucks | Frolunda Jr. |
| 23 (144) | Derek Rodwell | LW | New Jersey Devils | Okotoks |
| 24 (145) | Brett Flemming | D | Washington Capitals | Mississauga St. Michael's |
| 25 (146) | Jeff Costello | LW | Ottawa Senators | Cedar Rapids |
| 26 (147) | Philip Varone | C | San Jose Sharks | London |
| 27 (148) | Michael Zador | G | Tampa Bay Lightning | Oshawa |
| 28 (149) | Marcus Kruger | C | Chicago Blackhawks | Djurgarden Jr. |
| 29 (150) | Nick Jensen | D | Detroit Red Wings | Green Bay |
| 30 (151) | Andy Bathgate | C | Pittsburgh Penguins | Belleville |