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Parramatta finished fourth in the newly created 20-team NRL. Parramatta had a highly successful finals series, beating the North Sydney Bears in a Qualifying Final and then backing up to defeat eventual premiers the Brisbane Broncos 15–10 at ANZ Stadium in Brisbane. Due to the win, Parramatta gained a week off before clashing with arch-rivals Canterbury in the Grand Final Qualifier.
The game was poised at 18–2 in favour of Parramatta with 11 minutes to go. However, Canterbury managed a late resurgence scoring three tries in eight minutes to tie the game up at 18–18 with Daryl Halligan kicking two side line conversions which took the game into extra-time. The extra-time period is remembered for the performance of Parramatta player Paul Carige who made three crucial errors. Parramatta would go on to lose 32-20 in extra-time.