| Rank | Bib | Name | Year | Club | Split time | Time |
|---|---|---|---|---|---|---|
| 1 | 12 | Anna Kristín Pétursdòttir | 1977 | HFR | 02:19:19.9 | |
| 2 | 24 | Valborg Guðlaugsdóttir | 1973 | Víkingur / Team Topcon | 02:24:03.0 | |
| 3 | 1 | Þórdís Einarsdóttir | 1971 | Víkingur | 02:29:03.0 | |
| 4 | 4 | Halldóra J Jónsdóttir | 1970 | 02:59:17.6 | ||
| 5 | 38 | Sigrún Sveinbjörnsdóttir | 1973 | 03:02:15.7 | ||
| 6 | 69 | Ingveldur Sæmundsdóttir | 1970 | Bjóluskokk | 03:06:40.7 | |
| 7 | 39 | Hjördís Arnardóttir | 1968 | 03:16:28.2 | ||
| 8 | 68 | Sandra Jónasdóttir | 1968 | Stjarnan | 03:27:49.3 | |
| 9 | 54 | Svanhildur Kristinsdóttir | 1970 | Hlaupahópur Stjörnunnar | 03:46:30.3 | |
| 10 | 55 | Þóra Björk Eysteinsdóttir | 1975 | 03:47:00.4 |