| Moštvo | Tekme | Zmage | Porazi | Zadetki | Točke |
|---|---|---|---|---|---|
| REFLEX | 21 | 17 | 4 | +240 | 38 |
| CIBONA VIP | 21 | 16 | 5 | +219 | 37 |
| CRVENA ZVEZDA | 20 | 15 | 5 | +80 | 35 |
| ZADAR | 21 | 13 | 8 | +102 | 34 |
| PIVOVARNA LAŠKO | 21 | 12 | 9 | +67 | 33 |
| UNION OLIMPIJA | 20 | 12 | 8 | +52 | 32 |
| BUDUĆNOST | 21 | 11 | 10 | +23 | 32 |
| KRKA | 21 | 9 | 12 | -40 | 30 |
| SPLIT CO | 21 | 9 | 12 | -84 | 30 |
| ŠIROKI HERCEGTISAK | 21 | 7 | 14 | -87 | 28 |
| ZAGREB | 21 | 7 | 14 | -92 | 28 |
| GEOPLIN SLOVAN | 21 | 7 | 14 | -154 | 28 |
| BANJALUČKA PIVARA | 21 | 6 | 15 | -133 | 27 |
| LOVĆEN CKB | 21 | 5 | 16 | -193 | 26 |
Pari 22. kola (21.2.2004):
Union Olimpija - Split CO
Budućnost - Geoplin Slovan
Crvena zvezda - Banjalučka pivara
Krka - Zagreb (22.2.)
Cibona VIP - Zadar
Široki Hercegtisak - Reflex
Lovćen CKB - Pivovarna Laško
