Fairyland - Paul J. McAuley 

Shortlist:

The Star Fraction Ken MacLeod (Runner-up)
Happy Policeman Patricia Anthony
The Time Ships Stephen Baxter
The Prestige Christopher Priest
The Diamond Age Neal Stephenson

Judges:

BSFA: Steve Jeffery, David Langford
SFF: David Seed, Ian Watson
ISPF: Maurice Goldsmith, Maggie McDonald

Chair:

Paul Kincaid