Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 08/2008 |  | Rögnvaldur Helgason | MF |  | UMF Stjarnan | Stjarnan |
| 07/2008 | | Sveinn Steingrímsson | FW | |||
| 05/2008 | | Stefán Jónsson | MF | | UMF Stjarnan | Stjarnan |
| 04/2008 | | Gunnar Ásgeirsson | FW |  | Hvöt Blönduós | Hvöt Blönduós |
| 01/2008 | | Ágúst Magnússon | MF |  | Kári | Kári |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2008 | | Sveinn Steingrímsson | FW |  | UMF Grindavík | Grindavík |