| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Stenhousemuir | 16 | 7 | 6 | 3 | 17:13 | 4 | 27 | |
| 2. | Inverness | 15 | 7 | 5 | 3 | 18:10 | 8 | 26 | |
| 3. | Hamilton | 15 | 5 | 5 | 5 | 25:22 | 3 | 20 | |
| 4. | Alloa | 15 | 6 | 2 | 7 | 21:19 | 2 | 20 | |
| 5. | Queen of South | 15 | 5 | 4 | 6 | 21:22 | -1 | 19 | |
| 6. | Peterhead | 16 | 5 | 3 | 8 | 17:30 | -13 | 18 | |
| 7. | Kelty Hearts | 16 | 4 | 4 | 8 | 20:28 | -8 | 16 | |
| 8. | Montrose | 16 | 3 | 6 | 7 | 20:28 | -8 | 15 | |
| 9. | Cove Rangers | 15 | 3 | 4 | 8 | 19:20 | -1 | 13 | |
| 10. | East Fife | 15 | 3 | 4 | 8 | 15:31 | -16 | 13 |