| Rank | Bib | Name | Year | Club | Chiptime | Time |
|---|---|---|---|---|---|---|
| 1 | 420 | Óskar Ómarsson | 1985 | Tindur | 02:37:55.7 | 02:37:58.2 |
| 2 | 443 | Bjarni Garðar Nicolaisson | 1980 | Breiðablik | 02:37:58.0 | 02:37:58.9 |
| 3 | 454 | Hafsteinn Ægir Geirsson | 1980 | HFR | 02:37:56.6 | 02:37:58.9 |
| 4 | 452 | Rúnar Örn Ágústsson | 1985 | Breiðablik | 02:40:44.9 | 02:40:45.9 |
| 5 | 410 | Fannar Gislason | 1985 | HFR | 02:49:30.2 | 02:49:32.1 |
| 6 | 414 | Guðmundur Sveinsson | 1979 | HFR | 02:49:31.6 | 02:49:32.4 |
| 7 | 462 | Viktor Guðnason | 1986 | Tindur | 02:49:31.8 | 02:49:36.1 |
| 8 | 453 | Emil Þór Guðmundsson | 1984 | Tindur | 02:49:37.1 | 02:49:40.3 |
| 9 | 472 | Stefán Guðmundsson | 1986 | UMFG | 02:57:11.9 | 02:57:17.9 |
| 10 | 415 | Elli Cassata | 1978 | Tindur | 02:57:16.2 | 02:57:19.0 |
| 11 | 458 | Finnur Þór Erlingsson | 1979 | Tindur | 03:02:28.4 | 03:02:35.9 |
| 12 | 424 | Guðberg Björnsson | 1984 | HFR | 03:16:22.8 | 03:16:26.1 |
| 13 | 429 | Benedikt Skulason | 1984 | HFR | 03:24:53.3 | 03:24:56.8 |
| 14 | 432 | Jón Hafsteinn Guðmundsson | 1980 | Tindur | 03:27:14.2 | 03:27:21.7 |
| 15 | 408 | Sævarður Einarsson | 1986 | Tindur | 03:34:13.3 | 03:34:21.2 |
| 16 | 437 | Gunnar Stefánsson | 1981 | Bjartur | DNF | |
| 17 | 405 | Hörður Karlsson | 1987 | 3SH | DNF |