Vara landráð
lítlu goldit
við allvald
austan markar,
þá er lofðungr
leystan hafði
elris gram
eski mettan.
Landráð við allvald vara goldit lítlu austan markar, þá er lofðungr hafði mettan leystan gram elris eski.
The treason against the mighty ruler was not repaid in small measure east of the forest, when the lord had sated the released dog of the alder [FIRE] with ash-wood.