| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Inverness | 31 | 18 | 9 | 4 | 53:21 | 32 | 58 | |
| 2. | Stenhousemuir | 31 | 15 | 12 | 4 | 43:24 | 19 | 57 | |
| 3. | Alloa | 31 | 13 | 8 | 10 | 46:32 | 14 | 47 | |
| 4. | Queen of South | 31 | 12 | 9 | 10 | 48:42 | 6 | 45 | |
| 5. | Peterhead | 31 | 12 | 6 | 13 | 45:54 | -9 | 42 | |
| 6. | Montrose | 30 | 10 | 8 | 12 | 42:55 | -13 | 38 | |
| 7. | East Fife | 31 | 8 | 7 | 16 | 31:56 | -25 | 31 | |
| 8. | Cove Rangers | 30 | 6 | 10 | 14 | 34:39 | -5 | 28 | |
| 9. | Hamilton | 31 | 13 | 7 | 11 | 47:36 | 11 | 25 | |
| 10. | Kelty Hearts | 31 | 4 | 10 | 17 | 27:57 | -30 | 22 |