| Rank | BIB | Name | Year | Club | Split | Targets | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 103 | Jón Björnsson | 1968 | Tindur | 00:47:24 (Virkjun) 01:29:09 (Snúningur) | 03:01:21.32 | 03:01:12 | ||
| 2 | 80 | Marteinn Þór Sigurðarson | 1969 | Tindur | 00:47:24 (Virkjun) 01:29:26 (Snúningur) | 03:04:06.94 | +02:45 | 03:03:59 | |
| 3 | 81 | Sigurður Bergmann | 1961 | UMFG | 00:49:08 (Virkjun) 01:32:01 (Snúningur) | 03:06:53.36 | +05:32 | 03:06:38 | |
| 4 | Aðalsteinn Elíasson | 1967 | Víkingur | 00:49:29 (Virkjun) 01:34:47 (Snúningur) | 03:11:51.09 | +10:30 | 03:11:37 | ||
| 5 | 161 | Hannes A. Hannesson | 1963 | Víkingur | 00:48:56 (Virkjun) 01:32:41 (Snúningur) | 03:11:56.06 | +10:35 | 03:11:43 | |
| 6 | 177 | Hákon Örn Hákonarson | 1967 | Breiðablik | 00:50:06 (Virkjun) 01:35:20 (Snúningur) | 03:16:08.10 | +14:47 | 03:15:55 | |
| 7 | 164 | Ragnar Ólafur Ragnarsson | 1968 | HFR | 00:48:35 (Virkjun) 01:34:08 (Snúningur) | 03:22:21.46 | +21:00 | 03:22:11 | |
| 8 | 141 | Björn Ingiberg Jónsson | 1966 | Tindur | 00:53:13 (Virkjun) 01:44:41 (Snúningur) | 03:32:43.77 | +31:22 | 03:32:32 | |
| 9 | 102 | Jón Gunnar Tynes Ólason | 1965 | Breiðablik | 00:56:37 (Virkjun) 01:46:06 (Snúningur) | 03:32:48.04 | +31:27 | 03:32:31 | |
| 10 | 126 | Kristinn Valur Wiium | 1969 | Breiðablik | 00:56:37 (Virkjun) 01:46:24 (Snúningur) | 03:32:53.00 | +31:32 | 03:32:36 | |
| 11 | 99 | Gunnar Ingason | 1969 | Breiðablik | 00:56:37 (Virkjun) 01:46:11 (Snúningur) | 03:32:53.02 | +31:32 | 03:32:36 | |
| 12 | 155 | Ægir Emilsson | 1969 | 3N | 00:56:39 (Virkjun) 01:47:58 (Snúningur) | 03:47:56.11 | +46:35 | 03:47:38 | |
| 13 | 130 | Ingvi Júlíus Ingvason | 1962 | Breiðablik | DNF | ||||
| 14 | 157 | Arnar Guðnason | 1966 | Víkingur | DNF |