| Final | | time | | | 1. Antonio Páez |  Spain | 1:47.4 | PB | | 2. Binko Kolev |  Bulgaria | 1:47.8 | NR | | 3. András Paróczai |  Hungary | 1:48.2 | SB | | 4. Carlo Grippo |  Italy | 1:49.1 | SB | | 5. Milovan Savić |  Yugoslavia | 1:49.1 | | | 6. Rolf Gysin |  Switzerland | 1:49.5 | SB |
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Heats - Saturday, 24th February | | First 2 from each Heat and next Best 2 advanced to Final. |
| Heat 1 | | time | | | 1. Antonio Páez | Spain | 1:47.7 | Q | | 2. Milovan Savić | Yugoslavia | 1:48.9 | Q, SB | | 8. Nikolay Kirov |  Soviet Union | 1:50.1 | PB | | 10.Carlos Cabral |  Portugal | 1:51.0 | PB | | 11.Adorno Corradini | Italy | 1:51.3 | PB | | 12.Manfred Archer |  Austria | 1:51.8 | PB |
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| Heat 2 | | time | | | 3. András Paróczai | Hungary | 1:49.3 | Q | | 4. Carlo Grippo | Italy | 1:49.4 | Q | | 5. Binko Kolev | Bulgaria | 1:49.4 | q | | 6. Rolf Gysin | Switzerland | 1:49.6 | q | | 7. Didier Marquant |  France | 1:49.7 | PB | | 8. Sermet Timurlenk |  Turkey | 1:50.1 | PB | | 13.Koen Gijsbers |  Netherlands | 1:51.9 | SB |
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