| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Stenhousemuir | 32 | 16 | 12 | 4 | 46:24 | 22 | 60 | |
| 2. | Inverness | 31 | 18 | 9 | 4 | 53:21 | 32 | 58 | |
| 3. | Alloa | 32 | 14 | 8 | 10 | 47:32 | 15 | 50 | |
| 4. | Queen of South | 32 | 12 | 10 | 10 | 49:43 | 6 | 46 | |
| 5. | Peterhead | 31 | 12 | 6 | 13 | 45:54 | -9 | 42 | |
| 6. | Montrose | 31 | 11 | 8 | 12 | 43:55 | -12 | 41 | |
| 7. | East Fife | 32 | 8 | 7 | 17 | 31:57 | -26 | 31 | |
| 8. | Cove Rangers | 31 | 6 | 10 | 15 | 34:40 | -6 | 28 | |
| 9. | Hamilton | 32 | 13 | 7 | 12 | 47:39 | 8 | 25 | |
| 10. | Kelty Hearts | 32 | 4 | 11 | 17 | 28:58 | -30 | 23 |