| Rank | Bib | Name | Year | Club | Country | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 64 | Brynhildur Björnsdóttir | 1961 | Skagaskokk | ISL | 00:27:15 (5 KM) | 00:53:44 | 00:53:30 | |
| 2 | 63 | Eyrún Helga Þorleifsdóttir | 1966 | Skagaskokk | ISL | 00:27:29 (5 KM) | 00:54:44 | +01:00 | 00:54:29 |
| 3 | 40 | Rúna Hauksdóttir Hvannberg | 1962 | TKS | ISL | 00:28:40 (5 KM) | 00:57:13 | +03:29 | 00:57:01 |
| 4 | 53 | Rannveig Hafberg | 1966 | Skokkhópur Hauka | ISL | 00:28:05 (5 KM) | 00:57:47 | +04:03 | 00:57:31 |
| 5 | 69 | Ásta Katrín Helgadóttir | 1962 | Lífsstíll - Keflavík | ISL | 00:29:52 (5 KM) | 00:57:57 | +04:13 | 00:57:25 |
| 6 | 72 | Ásta Snorradóttir | 1967 | Hlaupahópur Ármanns | ISL | 00:28:58 (5 KM) | 00:58:05 | +04:21 | 00:57:40 |
| 7 | 12 | Elsa Jóna Björnsdóttir | 1966 | ISL | 00:29:43 (5 KM) | 00:58:18 | +04:34 | 00:57:49 | |
| 8 | 31 | Gunnhildur Sveinsdóttir | 1967 | ISL | 00:30:41 (5 KM) | 01:00:24 | +06:40 | 00:59:55 |