The following teams took part in the Division III tournament, that was held from January 16 through January 24, 2008 in Belgrade, Serbia.
Standings[]
| Team | GP | W | OTW | OTL | L | GF | GA | PTS |
|---|---|---|---|---|---|---|---|---|
 New Zealand
|
6 | 6 | 0 | 0 | 0 | 66 | 15 | 18 |
 Serbia
|
6 | 5 | 0 | 0 | 1 | 55 | 7 | 15 |
 Armenia
|
6 | 4 | 0 | 0 | 2 | 47 | 23 | 12 |
 Australia
|
6 | 3 | 0 | 0 | 3 | 44 | 23 | 9 |
 South Africa
|
6 | 2 | 0 | 0 | 4 | 26 | 52 | 6 |
 Turkey
|
6 | 1 | 0 | 0 | 5 | 18 | 62 | 3 |
 Bulgaria
|
6 | 0 | 0 | 0 | 6 | 10 | 84 | 0 |
Results[]
All times local
| January 16, 2008 14:00 | |||
| Australia
|
5–3 | Turkey
|
|
|---|---|---|---|
| January 16, 2008 17:30 | |||
| Armenia
|
13–1 | South Africa
|
|
|---|---|---|---|
| January 16, 2008 21:00 | |||
| Serbia
|
16–0 |  Bulgaria
|
|
|---|---|---|---|
| January 17, 2008 14:00 | |||
| New Zealand
|
19–1 | Bulgaria
|
|
|---|---|---|---|
| January 17, 2008 17:30 | |||
| Australia
|
16–2 | South Africa
|
|
|---|---|---|---|
| January 17, 2008 21:00 | |||
| Armenia
|
13–1 | Turkey
|
|
|---|---|---|---|
| January 18, 2008 14:00 | |||
| Bulgaria
|
0–16 | Australia
|
|
|---|---|---|---|
| January 18, 2008 17:30 | |||
| Turkey
|
1–20 | New Zealand
|
|
|---|---|---|---|
| January 18, 2008 21:00 | |||
| Serbia
|
10–1 | South Africa
|
|
|---|---|---|---|
| January 20, 2008 14:00 | |||
| Turkey
|
9–4 | Bulgaria
|
|
|---|---|---|---|
| January 20, 2008 17:30 | |||
| New Zealand
|
8–4 | Armenia
|
|
|---|---|---|---|
| January 20, 2008 14:00 | |||
| Serbia
|
5–0 | Australia
|
|
|---|---|---|---|
| January 21, 2008 14:00 | |||
| Bulgaria
|
3–13 | South Africa
|
|
|---|---|---|---|
| January 21, 2008 17:30 | |||
| Australia
|
2–7 | New Zealand
|
|
|---|---|---|---|
| January 21, 2008 21:00 | |||
| Serbia
|
6–0 | Armenia
|
|
|---|---|---|---|
| January 23, 2008 14:00 | |||
| South Africa
|
6–3 | Turkey
|
|
|---|---|---|---|
| January 23, 2008 17:30 | |||
| Armenia
|
6–5 | Australia
|
|
|---|---|---|---|
| January 23, 2008 21:00 | |||
| New Zealand
|
5–4 | Serbia
|
|
|---|---|---|---|
| January 24, 2008 14:00 | |||
| South Africa
|
3–7 | New Zealand
|
|
|---|---|---|---|
| January 24, 2008 17:30 | |||
| Bulgaria
|
2–11 | Armenia
|
|
|---|---|---|---|
| January 24, 2008 21:00 | |||
| Turkey
|
1–14 | Serbia
|
|
|---|---|---|---|
New Zealand and Serbia were promoted to Division II for the 2009 World Junior Ice Hockey Championships