"Segðu mér allt" performed by Birgitta Haukdal emerged as the winner exclusively through public televoting.

Performing as the opening entry for the show in position 1, Iceland placed eighth out of the 26 participating countries, scoring 81 points.

Söngvakeppni Sjónvarpsins 2003 was the national final format developed by RÚV in order to select its entry for the Eurovision Song Contest 2003.

The competition was hosted by Logi Bergmann Eiðsson and Gísli Marteinn Baldursson and took place at the Háskólabíó venue in Reykjavík.

[3] On 17 October 2002, RÚV opened the submission period for interested songwriters to submit their entries until the deadline on 18 November 2002.

[9] On 29 November 2002, a special allocation draw was held which determined the running order and Iceland was set to open the show and perform in position 1, before the entry from Austria.