Final Ranking
| Rk | Team |
|---|---|
| 1 | France |
| 2 | Poland |
| 3 | Great Britain |
| 4 | Estonia |
| 5 | Netherlands |
| 6 | Hungary |
| 7 | Croatia |
| 8 | Romania |
Due to a restructured playing format of future IIHF World U18 Championships, France and Poland promote to 2003 IIHF World U18 Championship Div I
No team will be relegated from this tournament and the teams ranked 3 to 8 will continue to play in 2003 IIHF World U18 Championship Div II, which will consist of 12 teams in two groups