| Rank | Team | Time |
|---|---|---|
| 1 |  Illes Balears - Banesto | 40:45 |
| 2 | Liberty Seguros | + 29 |
| 3 |  Lokomotiv | + 01:23 |
| 4 | Comunidad Valenciana - Kelme | + 01:43 |
| 5 |  Milaneza Maia | + 01:44 |
| 6 | L.A. Pecol | " |
| 8 | Relax - Bodysol | + 02:02 |
| 9 | Euskaltel - Euskadi | + 02:15 |
| 10 | Cafes Baque | + 02:24 |
Info
| Date | 29 April 2004 |
| Start | Fromista |
| Finish | Carrión de los Condes |
| Distance | 32.0 km |
| Type | Team Time Trial |
| Average Speed | 47.12 km/h |