| Rank | Bib | Name | Year | Club | Split time | Time |
|---|---|---|---|---|---|---|
| 1 | 82 | Valborg Guðlaugsdóttir | 1973 | Víkingur | 02:00:56.2 | |
| 2 | 199 | Fríða Ammendrup | 1976 | Hjólreiðafélag Akureyrar | 02:00:59.2 | |
| 3 | 277 | Lísa Björg Ingvarsdóttir | 1969 | Víkingur | 02:07:55.4 | |
| 4 | 174 | Hrefna Sigurbjörg Jóhannsdóttir | 1972 | Breiðablik | 02:11:47.7 | |
| 5 | 215 | Elsa María Davíðsdóttir | 1971 | Utan félags | 02:19:21.6 | |
| 6 | 264 | Inga Hrund Gunnarsdóttir | 1975 | Víkingur | 02:24:56.5 | |
| 7 | 217 | Guðrún Jónsdóttir | 1973 | Utan félags | 02:24:56.6 | |
| 8 | 214 | Sigurrós Hallgrímsdóttir | 1976 | Utan félags | 02:30:26.7 | |
| 9 | 170 | Hildur Árnadóttir | 1971 | Ægir | 02:34:52.7 | |
| 10 | 261 | Steinþóra Þórisdóttir | 1972 | Utan félags | 02:36:45.9 | |
| 11 | 249 | Eva Ólafsdóttir | 1973 | Utan félags | 02:37:27.4 | |
| 12 | 216 | Sólveig Ragnarsdóttir | 1973 | Utan félags | 02:51:57.4 |