The Shell Turbo Chargers won third place over Red Bull Barako in a one-game playoff. It was the last appearance of the Turbo Chargers in the league as it filed a leave of absence in August 2005, eventually selling their rights to Welcoat.
The league finally allowed Asi Taulava to play in the finals series (who was indefinitely suspended) but still lost to the veteran-laided Beermen.
Talk N' Text's Willie Miller was named the Best Player of the Conference while teammate Jerald Honeycutt won the Best Import plum.
Jerald Honeycutt played for TNT in their first game and was replaced by Earl Ike (two games). He returned on April 15 vs. Purefoods, replacing Noel Felix (three games) and played for the rest of the conference.
Chris Burgess played 17 games in the Classification round and was replaced by Tommy Smith in the Beermen's last game. Burgess returned in the first two games of the semifinal series vs Red Bull before being replaced by Ace Custis.
The #3 vs. #10 and the #4 vs. #9 matchups are in the "twice-to-beat" format; the team with the higher seed only needs to win once to advance, but needs to be beaten twice in order to be eliminated. The other two matchups are a best-of-three series.
The 2005 Philippine Basketball Association (PBA) Fiesta Conference finals was the best-of-7 basketball championship series of the 2005 PBA Fiesta Conference, and the conclusion of the conference's playoffs. Barangay Ginebra Kings and Red Bull Barako played for the 89th championship contested by the league.
The San Miguel Beermen won their 17th league championship with a 4–1 series victory over Talk 'N Text Phone Pals.