| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Inverness | 16 | 11 | 4 | 1 | 35:11 | 24 | 37 | |
| 2. | Stenhousemuir | 15 | 8 | 6 | 1 | 26:11 | 15 | 30 | |
| 3. | Alloa | 16 | 7 | 6 | 3 | 25:13 | 12 | 27 | |
| 4. | Hamilton | 16 | 8 | 2 | 6 | 22:14 | 8 | 26 | |
| 5. | Queen of South | 16 | 7 | 5 | 4 | 27:20 | 7 | 26 | |
| 6. | Peterhead | 15 | 7 | 3 | 5 | 28:24 | 4 | 24 | |
| 7. | Montrose | 14 | 7 | 2 | 5 | 22:27 | -5 | 23 | |
| 8. | East Fife | 16 | 5 | 3 | 8 | 16:25 | -9 | 18 | |
| 9. | Cove Rangers | 15 | 3 | 6 | 6 | 15:19 | -4 | 15 | |
| 10. | Kelty Hearts | 15 | 0 | 6 | 9 | 7:29 | -22 | 6 |