1.  Valur Reykjavik	18 11  5  2  41 - 20   38 Champion
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 2.  FH Hafnarfjordur	18 11  4  3  42 - 26   37 Cup Winner
 3.  IA Akranes		18  8  6  4  34 - 27   30 UEFA Cup
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 4.  Fylkir Reykjavik	18  8  5  5  23 - 18   29 Intertoto
 5.  Breidablik 	18  5  9  4  29 - 20   24
 6.  Keflavik		18  5  6  7  26 - 32   21
 7.  Fram Reykjavik	18  3  7  8  25 - 31   16
 8.  KR Reykjavik	18  3  7  8  17 - 30   16
 9.  HK Kopavogur	18  4  4 10  17 - 35   16
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10.  Vikingur Reykjavik	18  3  5 10  15 - 30   14 Relegated

Promoted:	UMF Grindavik
		Throttur Reykjavik
		Fjölnir