| Place | Team | GP | Won | Draw | Lost | GF | GA | GD | Points |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Inverness CT | 36 | 21 | 11 | 4 | 60 | 24 | 36 | 69 |
| 2 | Stenhousemuir | 36 | 18 | 13 | 5 | 50 | 27 | 23 | 67 |
| 3 | Queen of South | 36 | 14 | 12 | 10 | 58 | 47 | 11 | 54 |
| 4 | Alloa Athletic | 36 | 15 | 8 | 13 | 50 | 38 | 12 | 53 |
| 5 | Peterhead | 36 | 12 | 7 | 17 | 48 | 64 | -16 | 43 |
| 6 | Montrose | 36 | 11 | 9 | 16 | 48 | 67 | -19 | 42 |
| 7 | Cove Rangers | 36 | 9 | 11 | 16 | 41 | 44 | -3 | 38 |
| 8 | East Fife | 36 | 9 | 9 | 18 | 34 | 61 | -27 | 36 |
| 9 | Hamilton Academical | 36 | 16 | 7 | 13 | 54 | 42 | 12 | 34 |
| 10 | Kelty Hearts | 36 | 6 | 11 | 19 | 33 | 62 | -29 | 29 |