| Rank | Name | YOB | Club | Split | Time | Chiptime | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Gudmundur Thorleifsson | ISL | 1969 | 3SH | 01:11:41 | 01:11:32 | ||
| 2 | Bergþór Jóhannsson | ISL | 1969 | Bjartur | 01:14:06 | +02:25 | 01:14:00 | |
| 3 | Jóhann Thorarensen | ISL | 1959 | Hjólhestamannafélagið Bjartur | 01:14:27 | +02:46 | 01:14:21 | |
| 4 | Gissur Örlygsson | ISL | 1967 | Afturelding | 01:15:36 | +03:55 | 01:15:21 | |
| 5 | Þröstur Þorgeirsson | ISL | 1966 | Afturelding | 01:17:30 | +05:49 | 01:17:20 | |
| 6 | Ásgeir Örn Rúnarsson | ISL | 1965 | Víkingur | 01:23:07 | +11:26 | 01:22:52 | |
| 7 | Hartmann Kristinn Guðmundsson | ISL | 1958 | Víkingur | 01:24:10 | +12:29 | 01:24:00 | |
| 8 | Egill Reynisson | ISL | 1967 | Bjartur | 01:27:34 | +15:53 | 01:27:16 | |
| 9 | Halldór S. Halldórsson | ISL | 1963 | Afturelding | 01:27:47 | +16:06 | 01:27:37 | |
| 10 | Sæmundur Kristjánsson | ISL | 1965 | Hjólaþjálfun | 01:29:17 | +17:36 | 01:29:04 | |
| 11 | Kristinn Guðmundsson | ISL | 1960 | UMFUS | 01:30:00 | +18:19 | 01:29:40 | |
| 12 | Rúnar Helgason | ISL | 1959 | 3n | 01:30:45 | +19:04 | 01:30:31 | |
| 13 | Jón Ágústsson | ISL | 1965 | Hjóladeild Aftureldingar | 01:30:55 | +19:14 | 01:30:41 | |
| 14 | Eiríkur Svanur Sigfússon | ISL | 1967 | Skokkhópur Hauka | 01:34:01 | +22:20 | 01:33:37 |