| Final | | time | | | 1. Noel Carroll |  Ireland | 1:56.66 | | | 2. Alberto Estebán |  Spain | 1:57.7 | | | 3. Sergey Kryuchok |  Soviet Union | 1:58.1 | | | 4. Gerd Larsen |  Denmark | 1:58.3 | | | 5. Mikhail Zhelobovskiy | Soviet Union | 1:58.7 | | | 6. Jan Kasal |  Czechoslovakia | 1:59.2 | |
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Heats - Saturday, 9th March | | First 3 from each Heat advanced to Final. |
| Heat 1 | | time | | | 1. Alberto Estebán | Spain | 1:51.19 | Q | | 2. Mikhail Zhelobovskiy | Soviet Union | 1:51.5 | Q | | 3. Noel Carroll | Ireland | 1:51.9 | Q | | 4. Pavel Hruška | Czechoslovakia | 1:52.6 | |
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| Heat 2 | | time | | | 5. Sergey Kryuchok | Soviet Union | 1:57.58 | Q | | 6. Gerd Larsen | Denmark | 1:57.7 | Q | | 7. Jan Kasal | Czechoslovakia | 1:58.1 | Q | | 8. Jože Međimurec |  Yugoslavia | 1:58.3 | |
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