| Place | Team | GP | Won | Draw | Lost | GF | GA | GD | Points |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Inverness CT | 30 | 18 | 8 | 4 | 52 | 20 | 32 | 57 |
| 2 | Stenhousemuir | 30 | 15 | 11 | 4 | 41 | 22 | 19 | 56 |
| 3 | Alloa Athletic | 30 | 13 | 8 | 9 | 45 | 30 | 15 | 47 |
| 4 | Queen of South | 30 | 12 | 8 | 10 | 47 | 41 | 6 | 44 |
| 5 | Peterhead | 30 | 11 | 6 | 13 | 43 | 53 | -10 | 39 |
| 6 | Montrose | 30 | 10 | 8 | 12 | 42 | 55 | -13 | 38 |
| 7 | East Fife | 30 | 8 | 6 | 16 | 29 | 54 | -25 | 30 |
| 8 | Cove Rangers | 30 | 6 | 10 | 14 | 34 | 39 | -5 | 28 |
| 9 | Hamilton Academical | 30 | 13 | 7 | 10 | 46 | 34 | 12 | 25 |
| 10 | Kelty Hearts | 30 | 3 | 10 | 17 | 25 | 56 | -31 | 19 |