Mér réð senda of svalan ægi
Vǫlsunga niðr vápn gollbúit.
Niðr Vǫlsunga réð senda mér gollbúit vápn of svalan ægi.
The descendant of the Vǫlsungar <legendary family> [RULER] sent me a gold-adorned weapon across the cool sea.
[2] of svalan ægi: ‘[…]’ B, ‘of svalan e᷎gi’ 744ˣ