Lavazza represented by Zia Mahmood, Norberto Bocchi, Giorgio Duboin and Dennis Bilde defeated Russia conisting of Andrey Gromov, Aleksandr Dubinin, Georgy Matushko and Evgeny Rudakov, Oleg Kazantsev) by 6 IMPs (109-103) in a intensely fought final over 56 (4 x 14) Boards and won Naresh Tandan trophy and highest prize in Indian history of Rs 20 Lakhs. Russia had to settle for Rs. 10 Lakhs
In the play-off for third place, Dhampur Sugar Mills reprsented by Ashok Kumar Goel (captain), K R Venkatraman, Pritish Kushari, Anil Padhye, Sumit Mukherjee, Debabrata Majumdar lost to Hemant Jalan (Hemant K Jalan – captain, Sandeep Thakral, Kaustabh Nandi, Kaustubh Bendre, Sandip Datta, Vivek Bhand) by 94 IMPs (31-137)