| Rank | Bib | Name | Year | Club | Split time | Time |
|---|---|---|---|---|---|---|
| 1 | 51 | Eirikur Þór Jónsson | 1962 | Utan félags | 04:42:53.0 | |
| 2 | 69 | Jóhann Thorarensen | 1959 | Bjartur | 04:42:54.3 | |
| 3 | 56 | Birgir Fannar Birgisson | 1970 | Tindur | 04:59:30.2 | |
| 4 | 58 | Helgi Sigurgeirsson | 1968 | Ægir | 04:59:37.9 | |
| 5 | 52 | Óskar Gunnarsson | 1966 | Utan félags | 05:00:07.3 | |
| 6 | 57 | Kolbeinn Árnason | 1971 | Tindur | 05:00:30.0 | |
| 7 | 61 | Sigurður Bergmann | 1961 | UMFG | 05:19:18.2 | |
| 8 | 59 | Steinar Þór Ólafsson | 1960 | Víkingur | 05:38:31.6 | |
| 9 | 53 | Sveinbjörn J. Tryggvason | 1984 | Utan félags | 05:52:22.8 | |
| 10 | 55 | Þorsteinn Ásgrímsson | 1985 | Utan félags | 05:52:29.3 |