| Rank | Name | YOB | Club | Split | Time | Chiptime | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Þorvaldur Daníelsson | ISL | 1979 | Hjólakraftur | 00:47:17 | 00:46:50 | ||
| 2 | Þorvarður Lárusson | ISL | 1974 | 00:48:44 | +01:27 | 00:48:26 | ||
| 3 | Gísli Jens Guðmundsson | ISL | 1971 | Skagahjól | 00:49:56 | +02:39 | 00:49:49 | |
| 4 | Baldur Hauksson | ISL | 1979 | 00:51:44 | +04:27 | 00:51:24 | ||
| 5 | Gunnar Agnar Vilhjálmsson | ISL | 1979 | Harðasprettur | 00:53:43 | +06:26 | 00:53:23 | |
| 6 | Þorsteinn Jónsson | ISL | 1976 | 00:53:47 | +06:30 | 00:53:26 | ||
| 7 | Hallvarður H Gylfason | ISL | 1975 | 00:55:43 | +08:26 | 00:55:26 | ||
| 8 | Magnús Guðjónsson | ISL | 1979 | 00:56:48 | +09:31 | 00:56:27 | ||
| 9 | Elvar Jónsson | ISL | 1973 | 01:05:20 | +18:03 | 01:04:55 |