| Rank | Bib | Name | Year | Club | Time |
|---|---|---|---|---|---|
| 1 | 24 | Hákon Hrafn Sigurðsson | 1974 | Breiðablik | 00:07:41.8 |
| 2 | 18 | Gísli Ólafsson | 1963 | HFR | 00:08:32.6 |
| 3 | 32 | Gunnar Stefansson | 1981 | Bjartur | 00:08:33.9 |
| 4 | 21 | Ólafur Einarsson | 1971 | Utan félags | 00:08:51.5 |
| 5 | 7 | Trausti Valdimarsson | 1957 | Ægir | 00:09:13.9 |