Time Zone – GMT-4 (America/New_York)
| Pl | W | L | Pts | |||
| 1 | Alftanes | 1 | 1 | 0 | 121:69 | 2 |
| 2 | Grindavik | 1 | 1 | 0 | 109:96 | 2 |
| 3 | Akranes IA | 1 | 1 | 0 | 102:92 | 2 |
| 4 | Keflavik | 1 | 1 | 0 | 92:83 | 2 |
| 5 | KR Basket | 1 | 1 | 0 | 102:98 | 2 |
| 6 | Tindastoll | 0 | 0 | 0 | 0:0 | 0 |
| 7 | Valur | 0 | 0 | 0 | 0:0 | 0 |
| 8 | Stjarnan | 1 | 0 | 1 | 98:102 | 0 |
| 9 | IR Reykjavik | 1 | 0 | 1 | 83:92 | 0 |
| 10 | Thorl | 1 | 0 | 1 | 92:102 | 0 |
| 11 | Njardvik | 1 | 0 | 1 | 96:109 | 0 |
| 12 | Armann | 1 | 0 | 1 | 69:121 | 0 |
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