| Palme d'Or | Man of Iron, Andrzej Wajda (Poland) |
| Special Jury Prize | Light Years Away, Alain Tanner (France/Switzerland) |
| Best Actor | Ugo Tognazzi, The Tragedy of a Ridiculous Man (Italy) |
| Best Actress | Isabelle Adjani, Quartet (United Kingdom/France) and Possession (France/Germany) |
| Supporting Actor | Ian Holm, Chariots of Fire (United Kingdom) |
| Supporting Actress | Elena Solovei, Blood Group Zero (U.S.S.R.) |
| Screenplay | Istvan Szabo and Peter Dobai, Mephisto (Hungary) |
| Artistic Contribution to the Poetics of Cinema | John Boorman, Excalibur (Ireland) |
| Camera d'Or for Film Debut | Desperado City, Vadim Glowna (Germany) |
| Technique | Les Uns et les Autres, Claude Lelouch (France) |
| Contemporary Cinema | Looks and Smiles, Ken Loach (United Kingdom) |
| Neige, Juliet Berto and Jean-Henri Roger (France) |
| Fipresci Prize | Mephisto, Istvan Szabo (Hungary) |