| Rank | Bib | Name | Year | Club | Split time | Time |
|---|---|---|---|---|---|---|
| 1 | 60 | Ása Guðný Ásgeirsdóttir | 1977 | HFR | 02:03:42 02:03:21 | 04:07:02.0 |
| 2 | 31 | Ágústa Edda Björnsdóttir | 1977 | Tindur | 02:03:42 02:03:34 | 04:07:15.6 |
| 3 | 7 | Eva Jónsdóttir | 1974 | HFR | 02:06:17 02:17:11 | 04:23:27.4 |
| 4 | 55 | Hrönn Ólína Jörundsdóttir | 1978 | Tindur | 02:11:01 02:16:26 | 04:27:26.5 |
| 5 | 10 | Anna Kristín Pétursdóttir | 1977 | HFR | DNF | |
| 6 | 56 | Rakel Logadóttir | 1981 | HFR | DNF | |
| 7 | 53 | Erla Sigurlaug Sigurðardóttir | 1976 | Tindur | DNF | |
| 8 | 20 | Kristrún Lilja Júlíusdóttir | 1980 | Tindur | DNF |