| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Arbroath | 26 | 14 | 4 | 8 | 43:28 | 15 | 46 | |
| 2. | Stenhousemuir | 26 | 13 | 5 | 8 | 39:26 | 13 | 44 | |
| 3. | Cove Rangers | 26 | 12 | 5 | 9 | 43:31 | 12 | 41 | |
| 4. | Alloa | 27 | 10 | 10 | 7 | 39:32 | 7 | 40 | |
| 5. | Queen of South | 27 | 10 | 5 | 12 | 28:32 | -4 | 35 | |
| 6. | Kelty Hearts | 26 | 9 | 7 | 10 | 31:27 | 4 | 34 | |
| 7. | Montrose | 27 | 7 | 10 | 10 | 28:35 | -7 | 31 | |
| 8. | Annan | 27 | 7 | 6 | 14 | 29:51 | -22 | 27 | |
| 9. | Inverness | 26 | 11 | 8 | 7 | 29:28 | 1 | 26 | |
| 10. | Dumbarton | 26 | 5 | 8 | 13 | 33:52 | -19 | 8 |