| Rank | Name | Time | |
|---|---|---|---|
| 1 | Guðni Páll Pálsson | 3:52 /km | 2:23 |
| 1 | Kari Steinn Karlsson | 3:52 /km | 2:23 |
| 3 | Dagur Benediktsson | 3:56 /km | 2:25 |
| 4 | Grétar Smári Samúelsson | 3:57 /km | 2:26 |
| 5 | Hlynur Gudmundsson | 3:59 /km | 2:27 |
| 6 | Benoit B | 4:00 /km | 2:28 |
| 6 | Matthew Walker | 4:00 /km | 2:28 |
| 6 | Snorri Einarsson | 4:00 /km | 2:28 |
| 6 | Sigurður Karlsson | 4:00 /km | 2:28 |
| 6 | Brendon Lee | 4:00 /km | 2:28 |
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