| Final | | time | | | 1. Lennart Strand |  Sweden | 3:48.0 | CR | | 2. Henry Eriksson | Sweden | 3:48.8 | | | 3. Erik Jørgensen |  Denmark | 3:52.8 | | | 4. Václav Ŭevona |  Czechia | 3:53.0 | NR | | 5. Garay Sándor |  Hungary | 3:53.0 | | | 6. Douglas Wilson |  Great Britain | 3:53.2 | | | 7. Paul Messner |  France | 3:56.6 | | | 8. Luboš Vomácka | Czechia | 4:07.2 | |
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| History Men 1500m. Venue: Bislett Stadion. | | World and European Record: Haegg, Sweden 3:43.0 | | Season Best: Strand, Sweden 3:48.2 |
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Heats - Saturday 24th August - Gold Medal: 18:40 | | First 4 progress to Final. |
| Heat 1 | | time | | | 1. Lennart Strand | Sweden | 3:56.6 | Q | | 2. Garay Sándor | Hungary | 3:56.8 | Q | | 3. Erik Jørgensen | Denmark | 3:57.0 | Q | | 4. Václav Ŭevona | Czechia | 3:57.4 | Q | | 5. Aleksandr Pugachevskiy |  Soviet Union | 3:57.6 | | | 6. Óskar Jónsson |  Iceland | 3:58.4 | NR | | 7. Willy Sponberg |  Norway | 3:59.2 | |
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| Heat 2 | | time | | | 1. Henry Eriksson | Sweden | 3:54.6 | Q | | 2. Douglas Wilson | Great Britain | 3:55.0 | Q | | 3. Paul Messner | France | 3:58.0 | Q | | 4. Luboš Vomácka | Czechia | 3:58.8 | Q | | 5. Asbjørn Hansen | Norway | 3:59.0 | | | 6. Walter Lutz |  Switzerland | 4:04.2 | | | 7. Jan Staniszewski |  Poland | 4:10.8 | |
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