Standings after 3 rounds
| Rk. | Name | RtgI | RtgN | Pts. | TB1 | TB2 | TB3 | Rp | n | w | we | w-we | |||
| 1 | GM | Danielsen Henrik | 2504 | 2504 | 2521 | 2.5 | 3.25 | 0.0 | 2 | 2694 | 3 | 2.5 | 1.84 | 6.6 | |
| 2 | GM | Thorhallsson Throstur | 2398 | 2398 | 2404 | 2.0 | 2.75 | 0.5 | 1 | 2563 | 3 | 2 | 1.34 | 6.6 | |
| IM | Thorfinnsson Bragi | 2421 | 2421 | 2454 | 2.0 | 2.75 | 0.5 | 1 | 2441 | 3 | 2 | 1.92 | 0.8 | ||
| 4 | FM | Bjornsson Sigurbjorn | 2393 | 2393 | 2384 | 2.0 | 2.00 | 0.0 | 2 | 2541 | 3 | 2 | 1.40 | 9.0 | |
| 5 | GM | Stefansson Hannes | 2531 | 2531 | 2615 | 1.5 | 2.75 | 0.0 | 1 | 2365 | 3 | 1.5 | 2.16 | -6.6 | |
| 6 | FM | Kjartansson David | 2305 | 2305 | 2286 | 1.5 | 2.25 | 0.0 | 1 | 2484 | 3 | 1.5 | 0.80 | 10.5 | |
| 7 | GM | Kristjansson Stefan | 2500 | 2500 | 2495 | 1.5 | 1.75 | 0.0 | 1 | 2351 | 3 | 1.5 | 2.05 | -5.5 | |
| IM | Thorfinnsson Bjorn | 2416 | 2416 | 2416 | 1.5 | 1.75 | 0.0 | 1 | 2402 | 3 | 1.5 | 1.56 | -0.6 | ||
| 9 | IM | Kjartansson Gudmundur | 2357 | 2357 | 2349 | 1.5 | 1.25 | 0.0 | 1 | 2390 | 3 | 1.5 | 1.36 | 1.4 | |
| 10 | Gislason Gudmundur | 2346 | 2346 | 2348 | 1.0 | 0.50 | 0.0 | 1 | 2263 | 3 | 1 | 1.33 | -4.9 | ||
| 11 | Jensson Einar Hjalti | 2245 | 2245 | 2225 | 0.5 | 1.00 | 0.0 | 0 | 2149 | 3 | 0.5 | 0.82 | -4.8 | ||
| IM | Arngrimsson Dagur | 2361 | 2361 | 2337 | 0.5 | 1.00 | 0.0 | 0 | 2110 | 3 | 0.5 | 1.42 | -9.2 |
Chess Daily News from Susan Polgar
Go Henrik!