| Rank | Bib | Name | Year | Club/Team | Time |
|---|---|---|---|---|---|
| 1 | 87 | Inga María Ottósdóttir | 1983 | Víkingur / Team Topcon | 01:10:27.1 |
| 2 | 127 | Anna Kristín Pétursdóttir | 1977 | HFR | 01:11:03.8 |
| 3 | 30 | Þóra Katrín Gunnarsdóttir | 1973 | Tindur | 01:15:33.5 |
| 4 | 31 | Rakel Logadottir | 1981 | HFR | 01:16:50.2 |
| 5 | 88 | Hrönn Ólína Jörundsdóttir | 1978 | Tindur | 01:17:16.4 |
| 6 | 48 | Þórdís Einarsdóttir | 1971 | Víkingur | 01:19:21.3 |
| 7 | 78 | Katrín Lilja Sigurðardóttir | 1982 | 01:19:50.0 | |
| 8 | 41 | Ragnheiður Sveinbjörndóttir | 1981 | ÍR-Skokk | 01:20:14.9 |
| 9 | 126 | Anna Sigríður Vernharðsdóttir | 1969 | Hjólastelpur í Mosó | 01:30:01.6 |
| 10 | 91 | Helga Halldórsdóttir | 1963 | Tindur | 01:30:41.0 |
| 11 | 57 | Sigurlaug María Jónsdóttir | 1975 | Morgunfuglar | 01:37:03.3 |
| 12 | 82 | Jóhanna Bogadóttir | 1981 | 01:40:03.1 | |
| 13 | 99 | Guðrún Harpa Bjarnadóttir | 1969 | Víkingur | 01:41:42.2 |
| 14 | 71 | Málfríður Guðmundsdóttir | 1977 | 01:45:07.5 | |
| 15 | 102 | Guðlaug Jónsdóttir | 1971 | 01:47:10.3 | |
| 16 | 107 | Emelía Eiríksdóttir | 1976 | 01:47:11.1 | |
| 17 | 130 | Aðalbjörg Halldórsdóttir | 1967 | 01:54:11.7 | |
| 18 | 53 | Steinunn Arnórsdóttir | 1982 | 01:57:50.6 | |
| 19 | 128 | Andrea Sigurðardóttir | 1987 | Íslandsbanki wow | 01:58:57.1 |