| Rank | Bib | Name | Year | Club/Team | Time |
|---|---|---|---|---|---|
| 1 | 161 | Rúnar Már Jóhannsson | 1973 | 3SH | 00:38:45.5 |
| 2 | 163 | Valgeir Þór Halbergsson | 1977 | Tindur | 00:40:53.0 |
| 3 | 146 | Kristján Þór Jónsson | 1969 | Hjólahópur Kb | 00:44:09.8 |
| 4 | 143 | Jón Magnús Kristjánsson | 1973 | 5tudags | 00:45:06.5 |
| 5 | 151 | Magnús Örn Jóhannsson | 1975 | 00:47:36.6 | |
| 6 | 159 | Steingrímur Waltersson | 1971 | UMFUS | 00:47:37.4 |
| 7 | 162 | Valgarð Már Jakobsson | 1971 | 00:48:12.4 | |
| 8 | 165 | Þorvarður Lárusson | 1974 | 00:48:53.5 | |
| 9 | 153 | Ólafur J Stefánsson | 1970 | Hjólakraftur | 00:50:26.3 |
| 10 | 136 | Einar Sverrir Óskarsson | 1969 | 00:51:32.1 | |
| 11 | 139 | Helgi Þór Þórsson | 1977 | 5dk | 00:54:27.3 |
| 12 | 131 | Ágúst Sæland | 1972 | 00:57:35.7 | |
| 13 | 144 | Jón Pétur Magnason | 1977 | 01:11:40.3 |