| Finals | | Game | date | team 1 | score | team 2 | HT | | Final | Sun 09.02.97 | Sweden | 10-5 | Russia | | | 3-4 | Sun 09.02.97 | Finland | 7-3 | Kazakhstan | | | 6-7 | Sun 09.02.97 | United States | 5-1 | Canada | | | 7-8 | Sat 08.02.97 | Hungary | 5-3 | Netherlands | | | 1/2 | Sat 08.02.97 | Sweden | 8-5 | Finland | | | 1/2 | Sat 08.02.97 | Russia | 12-3 | Kazakhstan | | | 5-7 | Sat 08.02.97 | Norway | 7-1 | United States | | | PO | Fri 07.02.97 | Finland | 13-0 | United States | | | PO | Fri 07.02.97 | Kazakhstan | 5-2 | Norway | |
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| Final Ranking | P | w | d | l | gf | ga | | 1. Sweden | 10 | 5 | 0 | 1 | 54: | 26 | | 2. Russia | 9 | 4 | 1 | 1 | 46: | 29 | | 3. Finland | 8 | 4 | 0 | 3 | 42: | 34 | | 4. Kazakhstan | 3 | 1 | 1 | 5 | 30: | 63 | | 5. Norway | 4 | 1 | 2 | 3 | 25: | 26 | | 6. United States | 8 | 4 | 0 | 2 | 36: | 24 | | 7. Canada | 4 | 2 | 0 | 2 | 22: | 14 | | 8. Hungary | 4 | 2 | 0 | 2 | 18: | 28 | | 9. Netherlands | 0 | 0 | 0 | 4 | 7: | 36 |
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| | | First 2 advanced to 1/2 Finals. 3rd, 4th and 5th to Play-Off with Winner of Level II. |
| Round Robin | p | w | d | l | gf | ga | | 1. Russia | 7 | 3 | 1 | 0 | 29: | 16 | | 2. Sweden | 6 | 3 | 0 | 1 | 36: | 16 | | 3. Finland | 4 | 2 | 0 | 2 | 17: | 23 | | 4. Norway | 2 | 0 | 2 | 2 | 16: | 20 | | 5. Kazakhstan | 1 | 0 | 1 | 3 | 19: | 42 |
| Team | Russ | Swed | Finl | Norw | Kaza | | Russia | --- | 7:5 | 6:2 | 3:3 | 13:6 | | Sweden | | --- | 11:3 | 5:2 | 15:4 | | Finland | | | --- | 5:4 | 7:2 | | Norway | | | | --- | 7:7 | | Kazakhstan | | | | | --- |
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| date | team 1 | score | team 2 | HT | | Sat 01.02.97 | Russia | 13-6 | Kazakhstan | | | Sat 01.02.97 | Sweden | 11-3 | Finland | | | Sun 02.02.97 | Sweden | 5-2 | Norway | | | Sun 02.02.97 | Finland | 7-2 | Kazakhstan | | | Mon 03.02.97 | Russia | 6-2 | Finland | | | Mon 03.02.97 | Norway | 7-7 | Kazakhstan | | | Tue 04.02.97 | Russia | 3-3 | Norway | | | Tue 04.02.97 | Sweden | 15-4 | Kazakhstan | | | Thu 06.02.97 | Russia | 7-5 | Sweden | | | Thu 06.02.97 | Finland | 5-4 | Norway | |
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| | | Winner to Play-Off for Promotion/Relegation 3-6. |
| Round Robin | p | w | d | l | gf | ga | | 1. United States | 6 | 3 | 0 | 0 | 30: | 3 | | 2. Canada | 4 | 2 | 0 | 1 | 21: | 9 | | 3. Hungary | 2 | 1 | 0 | 2 | 13: | 25 | | 4. Netherlands | 0 | 0 | 0 | 3 | 4: | 31 |
| Team | Unit | Cana | Hung | Neth | | United States | --- | 5:2 | 12:0 | 13:1 | | Canada | | --- | 10:4 | 9:0 | | Hungary | | | --- | 9:3 | | Netherlands | | | | --- |
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| date | team 1 | score | team 2 | HT | | Sun 02.02.97 | United States | 12-0 | Hungary | | | Sun 02.02.97 | Canada | 9-0 | Netherlands | | | Tue 04.02.97 | United States | 13-1 | Netherlands | | | Tue 04.02.97 | Canada | 10-4 | Hungary | | | Thu 06.02.97 | United States | 5-2 | Canada | | | Thu 06.02.97 | Hungary | 9-3 | Netherlands | |
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