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Date: 18 January 2012
| Rank | Name | Nation | Time |
| 1 | Sanneke De Neeling | NED | 4:37.33 |
| 2 | Rio Harada | JPN | 4:41.85 |
| 3 | Jang Su Ji | KOR | 4:42.72 |
| 4 | Yelizaveta Kazelina | RUS | 4:44.45 |
| 5 | Fu Yuan | CHN | 4:47.52 |
| 6 | Aleksandra Milena Kapruziak | POL | 4:51.48 |
| 7 | Michelle Uhrig | GER | 4:53.47 |
| 8 | Clare Jeong | USA | 4:54.04 |
| 9 | Inga Anne Vasaasen | NOR | 4:55.71 |
| 10 | Gloria Malfatti | ITA | 4:59.97 |
| 11 | Yelizaveta Prokhorenko | KAZ | 5:03.31 |
| 12 | Anne Michiels | BEL | 5:15.04 |
| 13 | Natalya Khramtsova | BLR | 5:24.97 |
| 14 | Enkh-Ariun Altantulga | MGL | 5:25.40 |
| 15 | Anastasiya Kapustina | BLR | 5:29.23 |
| Disqualified | |||
| Alina Bianca Danescu | ROU | ||