| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Inverness | 13 | 10 | 1 | 2 | 22:8 | 14 | 26 | |
| 2. | Alloa | 13 | 7 | 2 | 4 | 17:8 | 9 | 23 | |
| 3. | Stenhousemuir | 14 | 6 | 5 | 3 | 16:12 | 4 | 23 | |
| 4. | East Fife | 14 | 6 | 4 | 4 | 18:19 | -1 | 22 | |
| 5. | Queen of South | 14 | 6 | 3 | 5 | 19:17 | 2 | 21 | |
| 6. | Peterhead | 14 | 6 | 2 | 6 | 21:23 | -2 | 20 | |
| 7. | Hamilton | 14 | 7 | 3 | 4 | 28:12 | 16 | 18 | |
| 8. | Montrose | 14 | 3 | 3 | 8 | 12:28 | -16 | 12 | |
| 9. | Kelty Hearts | 14 | 2 | 3 | 9 | 12:28 | -16 | 9 | |
| 10. | Cove Rangers | 14 | 2 | 2 | 10 | 11:21 | -10 | 8 |