| # | Bib | Name | Club | Age | Pace | Final | |
|---|---|---|---|---|---|---|---|
| 1 | Stefán Gíslason | Flandri | 60 | 04:22/km | 00:21:51 | 00:21:47 | |
| 2 | Þórhallur Jóhannesson | FH | 64 | 04:31/km | 00:22:36 | 00:22:34 | |
| 3 | Sigurður Ingvarsson | Hlaupasamtök Lýðveldisins | 61 | 04:34/km | 00:22:49 | 00:22:45 | |
| 4 | Egill Guðmundsson | Hlaupahópur FH | 64 | 04:39/km | 00:23:13 | 00:23:12 | |
| 5 | Sigurður Konráðsson | Hlaupahópur Sigga P. | 64 | 04:48/km | 00:24:00 | 00:23:53 | |
| 6 | Heimir Aðalsteinsson | Hlaupahópur F.H. | 63 | 06:07/km | 00:30:34 | 00:30:10 | |
| 7 | Arni Eggertsson | Hlaupahópur Stjörnunnar | 61 | 06:29/km | 00:32:25 | 00:32:11 |