| Event: | Men's 500 metres |
| Games: | 1999 Asian Winter Games |
| Venue: | Chuncheon Outdoor Ice Rink |
| Dates: | 2–3 February 1999 |
| Competitors: | 11 |
| Nations: | 4 |
| Gold: | Shoji Kato |
| Goldnoc: | JPN |
| Silver: | Jaegal Sung-yeol |
| Silvernoc: | KOR |
| Bronze: | Kazuya Nishioka |
| Bronzenoc: | JPN |
| Prev: | 1996 |
| Next: | 2003 |
See main article: Speed skating at the 1999 Asian Winter Games. The men's 500 metres at the 1999 Asian Winter Games was held on 2 and 3 February 1999 in Chuncheon, South Korea.
All times are Korea Standard Time
| width=220 | Date | width=50 | Time | width=100 | Event |
|---|---|---|---|---|---|
| Tuesday, 2 February 1999 | 13:25 | 1st race | |||
| Wednesday, 3 February 1999 | 10:55 | 2nd race |
| width=40 rowspan=2 | Rank | width=250 rowspan=2 | Athlete | 1st race | 2nd race | width=80 rowspan=2 | Total | width=50 rowspan=2 | Notes | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| width=40 | Pair | width=80 | Time | width=40 | Pair | width=80 | Time | ||||
| 5 | 37.52 | 5 | 37.45 | 1:14.97 | |||||||
| 6 | 37.89 | 3 | 37.22 | 1:15.11 | |||||||
| 4 | 37.61 | 5 | 37.51 | 1:15.12 | |||||||
| 4 | 3 | 37.72 | 4 | 37.59 | 1:15.31 | ||||||
| 5 | 5 | 37.46 | 6 | 37.97 | 1:15.43 | ||||||
| 6 | 4 | 37.89 | 3 | 37.76 | 1:15.65 | ||||||
| 7 | 3 | 37.45 | 6 | 38.29 | 1:15.74 | ||||||
| 8 | 2 | 38.61 | 2 | 37.74 | 1:16.35 | ||||||
| 9 | 2 | 38.62 | 2 | 38.48 | 1:17.10 | ||||||
| 10 | 1 | 40.34 | 1 | 40.58 | 1:20.92 | ||||||
| 11 | 6 | 37.81 | 4 | 1:01.79 | 1:39.60 | ||||||