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| Round | Pick | AFR Club | Player | AFL Club | Age | Position |
| Round 1 | 1 | Nexus | Kurt Tippett | Adelaide | 21 | Ruck |
| 2 | Ashy Convicts | Bernie Vince | Adelaide | 23 | Midfield | |
| 3 | Phamtoms | Luke Ball | St Kilda | 24 | Midfield | |
| 4 | McAvanean Marvels | Mitch Morton | Richmond | 22 | Midfield | |
| 5 | The Wenchville 69ers | Scott D Thompson | North Melbourne | 22 | Defender | |
| 6 | Major Warriors | Nathan Krakouer | Port Adelaide | 20 | Forward | |
| 7 | Captain's Diggers | Jarrod Harbrow | Western Bulldogs | 20 | Forward | |
| 8 | Sons of God | Joshua Hunt | Geelong | 27 | Defender | |
| 9 | Nexus | Andrew Swallow | North Melbourne | 21 | Midfield | |
| 10 | The Coat Hangers | Daniel Wells | North Melbourne | 24 | Midfield | |
| Round 2 | 11 | Memphis Blues | Liam Anthony | North Melbourne | 21 | 0 |
| 12 | Ashy Convicts | Patrick Ryder | Essendon | 21 | Key Defender | |
| 13 | Nexus | Brett Deledio | Richmond | 21 | Midfield | |
| 14 | McAvanean Marvels | Mark Williams | Hawthorn | 25 | Forward | |
| 15 | The Wenchville 69ers | Brent Harvey | North Melbourne | 30 | Midfield | |
| 16 | Major Warriors | David Armitage | St Kilda | 20 | Midfield | |
| 17 | Captain's Diggers | Alwyn Davey | Essendon | 24 | Forward | |
| 18 | Sons of God | Ryan O'Keefe | Sydney | 28 | Forward | |
| 19 | Nexus | Daniel Motlop | Port Adelaide | 27 | Forward | |
| 20 | The Coat Hangers | Dean Brogan | Port Adelaide | 30 | Ruck | |
| Round 3 | 21 | Memphis Blues | Adam Selwood | West Coast | 24 | Midfield |
| 22 | Ashy Convicts | Aaron Edwards | North Melbourne | 25 | Key Forward | |
| 23 | Phamtoms | Justin Westhoff | Port Adelaide | 22 | Key Forward | |
| 24 | McAvanean Marvels | Gary Rohan | #N/A | #N/A | #N/A | |
| 25 | The Wenchville 69ers | Greg Broughton | Fremantle | 0 | 0 | |
| 26 | Major Warriors | Farren Ray | St Kilda | 22 | Midfield | |
| 27 | Captain's Diggers | Drew Petrie | North Melbourne | 26 | Key Defender | |
| 28 | Sons of God | Colin Garland | Melbourne | 20 | Forward | |
| 29 | Nexus | Mark Seaby | West Coast | 24 | Ruck | |
| 30 | The Coat Hangers | Matthew Maguire | St Kilda | 24 | Key Defender | |
| Round 4 | 31 | Memphis Blues | Danyle Pearce | Port Adelaide | 22 | Midfield |
| 32 | Ashy Convicts | Ashley McGrath | Brisbane | 25 | Midfield | |
| 33 | Phamtoms | Chad Cornes | Port Adelaide | 29 | Midfield | |
| 34 | McAvanean Marvels | Shane Mumford | Geelong | 22 | Ruck | |
| 35 | The Wenchville 69ers | Chris Masten | West Coast | 19 | Midfield | |
| 36 | Major Warriors | Benjamin Hudson | Western Bulldogs | 30 | Ruck | |
| 37 | Captain's Diggers | James Frawley | Melbourne | 20 | Defender | |
| 38 | Sons of God | Rhys Palmer | Fremantle | 20 | Midfield | |
| 39 | Nexus | Darcy Daniher | Essendon | 19 | Key Forward | |
| 40 | The Coat Hangers | Michael Rischitelli | Brisbane | 23 | Midfield | |
| Round 5 | 41 | Memphis Blues | Matthew Scarlett | Geelong | 29 | Key Defender |
| 42 | Ashy Convicts | Josh P Kennedy | Hawthorn | 20 | Midfield | |
| 43 | Phamtoms | Daniel Giansiracusa | Western Bulldogs | 28 | Midfield | |
| 44 | McAvanean Marvels | Lewis Jetta | #N/A | #N/A | #N/A | |
| 45 | The Wenchville 69ers | Brent Renouf | Hawthorn | 20 | Ruck | |
| 46 | Major Warriors | Ben McGlynn | Hawthorn | 23 | Midfield | |
| 47 | Captain's Diggers | Tom Scully | #N/A | #N/A | #N/A | |
| 48 | Sons of God | Jason Akermanis | Western Bulldogs | 32 | Forward | |
| 49 | Nexus | Trent Cotchin | Richmond | 18 | Midfield | |
| 50 | The Coat Hangers | Colin Sylvia | Melbourne | 23 | Midfield | |
| Round 6 | 51 | Memphis Blues | Josh Fraser | Collingwood | 27 | Ruck |
| 52 | Ashy Convicts | Jaxson Barham | Collingwood | 20 | Midfield | |
| 53 | Phamtoms | Joel Macdonald | Brisbane | 24 | Defender | |
| 54 | McAvanean Marvels | Warren Tredrea | Port Adelaide | 30 | Key Forward | |
| 55 | The Wenchville 69ers | Adam Goodes | Sydney | 29 | Midfield | |
| 56 | Major Warriors | Adam Schneider | St Kilda | 24 | Forward | |
| 57 | Captain's Diggers | Steven King | St Kilda | 30 | Ruck | |
| 58 | Sons of God | Paul Johnson | Melbourne | 24 | Ruck | |
| 59 | Nexus | Tom Rockliff | Brisbane | 0 | 0 | |
| 60 | The Coat Hangers | Lewis Roberts-Thomson | Sydney | 25 | Key Defender | |
| Round 7 | 61 | Memphis Blues | Tadgh Kennelly | Sydney | 27 | Defender |
| 62 | Ashy Convicts | Scott Gumbleton | Essendon | 20 | Key Forward | |
| 63 | Phamtoms | David Hale | North Melbourne | 24 | Ruck | |
| 64 | McAvanean Marvels | Grant Birchall | Hawthorn | 21 | Defender | |
| 65 | The Wenchville 69ers | Nick Malceski | Sydney | 24 | Defender | |
| 66 | Major Warriors | Luke McGuane | Richmond | 22 | Key Defender | |
| 67 | Captain's Diggers | Nick Maxwell | Collingwood | 25 | Defender | |
| 68 | Sons of God | David Mundy | Fremantle | 23 | Defender | |
| 69 | Nexus | Michael Gardiner | St Kilda | 29 | Ruck | |
| 70 | The Coat Hangers | Mark McVeigh | Essendon | 28 | Defender | |
| Round 8 | 61 | Memphis Blues | Jack Trengove | #N/A | #N/A | #N/A |
| 62 | Ashy Convicts | Shaun Hampson | Carlton | 20 | Ruck | |
| 63 | Phamtoms | Dustin Martin | #N/A | #N/A | #N/A | |
| 64 | McAvanean Marvels | Bradd Dalziell | #N/A | #N/A | #N/A | |
| 65 | The Wenchville 69ers | Stephen Milne | St Kilda | 29 | Forward | |
| 66 | Major Warriors | Eddie Betts | Carlton | 22 | Forward | |
| 67 | Captain's Diggers | Kieren Jack | Sydney | 21 | Midfield | |
| 68 | Sons of God | Simon Goodwin | Adelaide | 32 | Midfield | |
| 69 | Phamtoms | Jamie Charman | Brisbane | 26 | Ruck | |
| 70 | The Coat Hangers | Andrew Welsh | Essendon | 26 | Defender | |
| Round 9 | 61 | Memphis Blues | Ryan Griffen | Western Bulldogs | 22 | Midfield |
| 62 | Ashy Convicts | James Kelly | Geelong | 25 | Midfield | |
| 63 | The Wenchville 69ers | Andrew McQualter | St Kilda | 22 | Midfield | |
| 64 | Major Warriors | Sean Dempster | St Kilda | 25 | Defender | |
| Round 10 | 65 | Memphis Blues | David Hille | Essendon | 27 | Ruck |
| 66 | Phamtoms | Trent Hentschel | Adelaide | 26 | Key Forward |
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