The 3rd Edda Awards were held on 11 November 2001 at Broadway Night Club in Reykjavik. The awards were hosted by actress Edda Heiðrún Backman and singer Valgeir Guðjónsson. The show was broadcast live on RÚV.
Short films were also included for the first time in the Best television program (staged). As in the previous awards the public was given the right to vote online in all categories. The academy had 70% say in the results and the public 30%. Except for the Best Television Personality which the public had 100% say in the results.
The film Mávahlátur received most nominations, ten in all, and won six awards.
Edda Award for Best ScreenplayEdda Award for Best News AnchorThe nominees and winners were: (Winners highlighted in bold)
Best Film:
ÍkingútMávahláturVilliljósBest Director:
Ágúst Guðmundsson, for MávahláturGísli Snær Erlingsson, for ÍkingútRagnar Bragason, for FóstbræðurBest Actor:
Hjalti Rúnar Jónsson, for ÍkingútJón Gnarr, for FóstbræðurPálmi Gestsson, for ÍkingútBest Actress:
Halldóra Geirharðsdóttir, for Þá yrði líklega farin af mér feimniMargrét Vilhjálmsdóttir, for MávahláturUgla Egilsdóttir, for MávahláturBest Supporting Actor:
Björn J. Friðbjörnsson, for VilliljósEyvindur Erlendsson, for Mávahlátur Hilmir Snær Guðnason, for MávahláturBest Supporting Actress:
Halldóra Geirharðsdóttir, for MávahláturKristbjörg Kjeld, for MávahláturSigurveig Jónsdóttir, for MávahláturBest Screenplay:
Ágúst Guðmundsson, for MávahláturHuldar Breiðfjörð, for VilliljósJón Steinar Ragnarsson, for ÍkingútBest Documentary:
BraggabúarFiðlanLalli JohnsBest Television Program (staged)/ Shortfilm:
FóstbræðurKrossgöturÞá yrði líklega farin af mér feimniBest Television Program:
MósaíkOkTantra – Listin að elska meðvitaðBest News Anchor:
Árni Snævarr, for Stöð 2 NewsEva Bergþóra Guðbergsdóttir, for Stöð 2 NewsÓmar Ragnarsson, for RÚV NewsBest Television Personality:
Logi Bergmann EiðssonÍKSA Professional Awards:
Hrönn Kristinsdóttir, for producing IkingutÞorfinnur Guðnason, for editing Lalli JohnsPáll Baldvin Baldvinsson, for producing Tuttugasta öldinHonorary Award:
Gunnar Eyjólfsson and Kristbjörg Kjeld, actors, for their contribution to Icelandic television and cinema. 
