The result was a deadlock, with the right-wing parties (CDU and FDP) being one seat short of majority and the left-wing parties (SPD and the Greens) two seats short, with SSW thus holding the balance of power.
Surveys before the election indicated that most voters considered high unemployment in Germany and Schleswig-Holstein to be the key issue of the campaign. Pre-election polls indicated that the personal popularity of Heide Simonis was still high, though, and that the SPD–Green coalition had the support of a plurality of voters. However, the unpopularity of the federal SPD and the Hartz IV reforms appeared to have taken a toll.
Parties
The table below lists parties represented in the previous Landtag of Schleswig-Holstein.
After the election, the SPD–Green coalition no longer commanded a majority of the Landtag. The SSW announced that although it would not enter a coalition, it saw more common ground with the SPD than the CDU. Minister-President Simonis proceeded to form an SPD–Green coalition based on an agreement with the SSW backing it.
On 17 March, the vote to invest the government failed, with the secret ballot tying 34–34. It is not known who abstained, though it is widely believed to have been a representative of the SPD. Since the coalition had failed, the SPD was forced to negotiate a grand coalition agreement with the CDU, capitulating to the CDU's demand that CDU leader Peter Harry Carstensen replace Simonis as Minister-President.