| Place | Team | GP | Won | Draw | Lost | GF | GA | GD | Points |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Stenhousemuir | 11 | 6 | 3 | 2 | 13 | 8 | 5 | 21 |
| 2 | Inverness CT | 11 | 8 | 1 | 2 | 20 | 8 | 12 | 20 |
| 3 | East Fife | 11 | 5 | 3 | 3 | 16 | 15 | 1 | 18 |
| 4 | Alloa Athletic | 11 | 5 | 2 | 4 | 10 | 8 | 2 | 17 |
| 5 | Peterhead | 11 | 5 | 1 | 5 | 18 | 18 | 0 | 16 |
| 6 | Queen of South | 11 | 5 | 1 | 5 | 14 | 15 | -1 | 16 |
| 7 | Hamilton Academical | 11 | 6 | 2 | 3 | 23 | 9 | 14 | 14 |
| 8 | Montrose | 11 | 3 | 2 | 6 | 11 | 22 | -11 | 11 |
| 9 | Kelty Hearts | 11 | 2 | 1 | 8 | 9 | 22 | -13 | 7 |
| 10 | Cove Rangers | 11 | 1 | 2 | 8 | 8 | 17 | -9 | 5 |