| Rank | Bib | Name | Year | Club | Split | Time |
|---|---|---|---|---|---|---|
| 1 | 84 | Hróðmar Jónsson | 1988 | Utan félags | 01:20:06.732 | |
| 2 | 092 | Benedikt Sigurleifsson | 1992 | Utan félags | 00:28:36.6 00:27:18.3 00:28:19.9 |
01:24:14.947 |
| 3 | 79 | Bjarni Lúðvíksson | 1978 | Utan félags | 00:28:30.4 00:27:34.6 00:28:22.6 |
01:24:27.732 |
| 4 | 78 | Birgir Fannar Birgisson | 1970 | Tindur | 00:28:35.3 00:30:07.0 00:32:37.7 |
01:31:20.149 |
| 5 | 83 | Hjörleifur Hilmarsson | 1956 | Hjólamenn | 00:29:04.7 00:29:15.8 |
DNF |
| 6 | 77 | Andri Kristjánsson | 1978 | HFR | 00:30:53.9 |
DNF |
| 7 | 82 | Fannar Örn Þorbjörnsson | 1981 | Utan félags | 00:31:12.7 |
DNF |