The Icelandic broadcaster, Ríkisútvarpið (RÚV), held a national final to select the Icelandic entry for the Eurovision Song Contest 1992 - Söngvakeppni Sjónvarpsins 1992. The contest was held at the RÚV TV studios in Reykjavík on 22 February 1992, hosted by Sigrún Waage. 9 songs competed, with the winner being decided through the votes of 8 regional juries and a professional jury. The winner was Sigríður Beinteinsdóttir and Sigrún Eva Ármannsdottir with the song "Nei eða já" (No or Yes), composed by Friðrik Karlsson, Grétar Örvarsson and Stefán Hilmarsson. Sigríður had previously represented Iceland in 1990 as a member of Stjórnin with "Eitt lag enn".