| Rank | Bib | Name | Year | Club | Country | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 59 | Anna Berglind Pálmadóttir | 1979 | UFA - Adidas | ISL | 01:43:34 | 01:43:34 | ||
| 2 | 251 | Ingveldur Karlsdottir | 1976 | ÍR skokk | ISL | 01:54:38 | +11:04 | 01:54:36 | |
| 3 | 721 | Kolbrún Ósk Jónsdóttir | 1981 | Morgunfuglarnir | ISL | 01:56:35 | +13:01 | 01:56:32 | |
| 4 | 236 | Bryndís María Davíðsdóttir | 1974 | UFA Eyrarskokk | ISL | 01:58:10 | +14:36 | 01:58:00 | |
| 5 | 143 | Eygló Traustadóttir | 1971 | ÍR skokk | ISL | 01:58:55 | +15:21 | 01:58:47 | |
| 6 | 75 | Eva Ólafsdóttir | 1973 | Fjölnir | ISL | 01:59:17 | +15:43 | 01:59:05 | |
| 7 | 185 | Katrín Sigrún Tómasdóttir | 1980 | Náttúruhlaup | ISL | 02:01:26 | +17:52 | 02:01:25 | |
| 8 | 196 | Vigdís Hallgrímsdóttir | 1973 | TKS | ISL | 02:03:10 | +19:36 | 02:03:06 | |
| 9 | 183 | Þóra Gunnlaugsdóttir | 1982 | Náttúruhlaup | ISL | 02:04:39 | +21:05 | 02:04:14 | |
| 10 | 186 | Ása Björg Tryggvadóttir | 1981 | Náttúruhlaup | ISL | 02:05:37 | +22:03 | 02:05:12 | |
| 11 | 131 | Hafdís Guðrún Hilmarsdóttir | 1974 | Inov8iceland/Laugaskokk | ISL | 02:08:58 | +25:24 | 02:08:52 | |
| 12 | 174 | Halldóra Hálfdánardóttir | 1974 | Valur skokk | ISL | 02:09:01 | +25:27 | 02:08:51 | |
| 13 | 266 | Guðrún Bergsteinsdóttir | 1975 | FH | ISL | 02:13:59 | +30:25 | 02:13:42 | |
| 14 | 0953 | Steingerður Hreinsdóttir | 1970 | Frískir Flóamenn | ISL | 02:15:47 | +32:13 | ||
| 15 | 78 | Brynhildur Axelsdóttir | 1971 | Náttúruhlaup | ISL | 02:15:48 | +32:14 | 02:15:19 | |
| 16 | 144 | Sigurlín Birgisdóttir | 1972 | ÍR Skokk | ISL | 02:17:01 | +33:27 | 02:16:54 | |
| 17 | 207 | Gunnur Róbertsdóttir | 1974 | Hlaupah. Ármanns / Náttúruhlaup | ISL | 02:17:40 | +34:06 | 02:17:23 | |
| 18 | 959 | Dagrún Hálfdánardóttir | 1971 | Hlaupahópur Ármanns | ISL | 02:20:14 | +36:40 | 02:20:07 | |
| 19 | 72 | Karen Kjartansdóttir | 1980 | Náttúruhlaup | ISL | 02:20:41 | +37:07 | 02:20:08 | |
| 20 | 180 | Matthildur Rúnarsdóttir | 1972 | Hlaupahópur FH | ISL | 02:23:13 | +39:39 | 02:22:59 | |
| 21 | 260 | Helga Björk Árnadóttir | 1982 | Cool Runnings | ISL | 02:23:55 | +40:21 | 02:23:29 | |
| 22 | 717 | Bjarney Ólöf Gunnarsdóttir | 1969 | Hlaupahópur FH | ISL | 02:27:11 | +43:37 | 02:26:59 | |
| 23 | 286 | Lovísa Stefánsdóttir | 1970 | Hlaupahópur Stjörnunnar | ISL | 02:27:13 | +43:39 | 02:26:34 | |
| 24 | 184 | Valgerður Ágústsdóttir | 1973 | Hlaupahópur FH | ISL | 02:27:29 | +43:55 | 02:27:16 | |
| 25 | 128 | Renuka Chareyre Perera | 1970 | Frískirflóamenn og Hamar | ISL | 02:27:30 | +43:56 | 02:26:56 | |
| 26 | 235 | Ósk Gunnarsdóttir | 1970 | Hlaupahópur FH | ISL | 02:27:31 | +43:57 | 02:27:17 | |
| 27 | 76 | Soffia Amundadottir | 1973 | Valur Skokk | ISL | 02:28:55 | +45:21 | 02:28:21 | |
| 28 | 173 | Edda Dröfn Eggertsdóttir | 1979 | Hlaupahópur FH | ISL | 02:30:38 | +47:04 | 02:30:22 | |
| 29 | 205 | DallaÓlafsdóttir | 1975 | Náttúruhlaup | ISL | 02:32:47 | +49:13 | 02:32:15 | |
| 30 | 60 | Bryndís Sigurðardóttir | 1970 | Hlaupahópur Stjörnunnar | ISL | 02:33:30 | +49:56 | 02:32:53 | |
| 31 | 192 | Þórdís Jóhannsdóttir Wathne | 1983 | Laugaskokk | ISL | 02:43:08 | +59:34 | 02:42:36 | |
| 32 | 79 | Bryndís Eva Sverrisdóttir | 1977 | ISL | 02:50:03 | +01:06:29 | 02:49:35 |