Best Picture
Dahil Mahal Kita (The Dolzura Cortez Story) (Octo Arts Films)
Makati Ave. Office Girls (Regal Films)
May Minamahal (Star Cinema)
Sakay (Alpha Omega)
Best Director
Laurice Guillen (Dahil Mahal Kita (The Dolzura Cortez Story))
Jose Javier Reyes (Makati Ave. Office Girls)
Jose Javier Reyes (May Minamahal)
Raymond Red (Sakay)
Carlos Siguion-Reyna (Saan Ka Man Naroroon)
Best Screenplay
Jose Carreon at Jojo Lapus (Tumbasan Mo ng Buhay)
Jose Javier Reyes (Makati Ave. Office Girls)
Best Actor
Aga Muhlach (May Minamahal)
Cesar Montano (Alyas Waway)
Christopher De Leon (Gaano Kita Kamahal)
Richard Gomez (Saan Ka Man Naroroon)
Best Actress
Dawn Zulueta (Saan Ka Man Naroroon)
Lorna Tolentino (Gaano Kita Kamahal)
Maricel Laxa (Makati Ave. Office Girls)
Vilma Santos (Dahil Mahal Kita (The Dolzura Cortez Story))
Best Supporting Actor
Al Tantay (Kung Ako'y Iiwan Mo)
Cesar Montano (Hanggang Saan, Hanggang Kailan)
Pen Medina (Sakay)
Ronaldo Valdez (May Minamahal)
Best Supporting Actress
Amy Austria (Kung Mawawala Ka Pa)
Cherrie Pie Picache (Makati Ave. Office Girls)
Sharmaine Arnaiz (Saan Ka Man Naroroon)
Vina Morales (Hanggang Saan, Hanggang Kailan)
Best Production Design
Daniel Red at Ronald Red (Sakay)
Joey Luna (Saan Ka Man Naroroon)
Ronnie Cruz (Gaano Kita Kamahal)
Best Cinematography
Lauro Rene Manda at Raymond Red (Sakay)
Romy Vitug (Kung Mawawala Ka Pa)
Romy Vitug (Saan Ka Man Naroroon)
Best Editing
Edgardo Vinarao (Tumbasan Mo ng Buhay)
Edmund Jarlego (Makati Ave. Office Girls)
George Jarlego (May Minamahal)
Renato De Leon (Alyas Waway)
Best Music
Nonong Buencamino (Dahil Mahal Kita (The Dolzura Cortez Story))
Nonong Buencamino (May Minamahal)
Ryan Cayabyab (Saan Ka Man Naroroon)
Best Sound
Gaudencio Barredo (Sakay)
Ramon Reyes (Saan Ka Man Naroroon)
Best Short / Experimental Film
Maalinsangan ang Gabi (Cesar Hernando)
Trip (Juan Pula)
Anak ng Maynila (Nonoy Dadivas at Dange Desembrana)