The Division II Championships were played December 28, 2003-January 3, 2004 in Sosnowiec, Poland (Group A) and January 5-January 11, 2004 in Kaunas and Elektrenai, Lithuania (Group B)
Division II Standings[]
Group A[]
| GP | W | L | T | GF | GA | Pts | |
|---|---|---|---|---|---|---|---|
 Poland
|
5 | 5 | 0 | 0 | 59 | 4 | 10 |
 Romania
|
5 | 3 | 1 | 1 | 44 | 16 | 7 |
 Netherlands
|
5 | 3 | 2 | 0 | 32 | 19 | 6 |
 Spain
|
5 | 2 | 2 | 1 | 21 | 32 | 5 |
 Belgium
|
5 | 1 | 4 | 0 | 16 | 31 | 2 |
 Iceland
|
5 | 0 | 5 | 0 | 10 | 80 | 0 |
Group B[]
| GP | W | L | T | GF | GA | Pts | |
|---|---|---|---|---|---|---|---|
 United Kingdom
|
5 | 5 | 0 | 0 | 38 | 5 | 10 |
 South Korea
|
5 | 4 | 1 | 0 | 45 | 7 | 8 |
 Croatia
|
5 | 2 | 3 | 0 | 18 | 18 | 4 |
 Serbia and Montenegro
|
5 | 2 | 3 | 0 | 15 | 21 | 4 |
 Lithuania
|
5 | 2 | 3 | 0 | 12 | 25 | 4 |
 South Africa
|
5 | 0 | 5 | 0 | 4 | 56 | 0 |