| Palme d'Or | The Taste of Cherry, Abbas Kiarostami (Iran) and Unagi (The Eel), Shohei Imamura (Japan) |
| Grand Prize | The Sweet Hereafter, Atom Egoyan (Canada) |
| Best Actor | Sean Penn, She's So Lovely (United States) |
| Best Actress | Kathy Burke, Nil by Mouth (Britain) |
| Direction | Wong Kar-Wai, Happy Together (Hong Kong) |
| Screenplay | James Schamus, The Ice Storm (United States) |
| Jury Prize | Western, Manuel Poirier (France) |
| Camera d'Or for Film Debut | Suzaku, Naomi Kawase (Japan) |
| Technique | Thierry Arbogast, She's So Lovely (United States) and The Fifth Element (United States) |
| 50th Anniversary Prize | Youssef Chahine |
| Palme d'Or for Short Film | Is It the Design or the Wrapper?, Tessa Sheridan (Britain) |
| Special Jury Prize for Short Film | Leonie, Lieven Debrauwer (Belgium) and Les Vacances, Emmanuelle Bercot (France) |