| Place | Team | GP | Won | Draw | Lost | GF | GA | GD | Points |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Stenhousemuir | 20 | 9 | 7 | 4 | 23 | 16 | 7 | 34 |
| 2 | Queen of South | 21 | 10 | 4 | 7 | 30 | 26 | 4 | 34 |
| 3 | Inverness CT | 18 | 12 | 2 | 4 | 32 | 12 | 20 | 33 |
| 4 | Alloa Athletic | 20 | 8 | 6 | 6 | 23 | 13 | 10 | 30 |
| 5 | Peterhead | 19 | 8 | 2 | 9 | 26 | 37 | -11 | 26 |
| 6 | Hamilton Academical | 19 | 9 | 4 | 6 | 33 | 21 | 12 | 25 |
| 7 | East Fife | 18 | 7 | 4 | 7 | 20 | 23 | -3 | 25 |
| 8 | Montrose | 19 | 7 | 3 | 9 | 22 | 31 | -9 | 24 |
| 9 | Cove Rangers | 19 | 4 | 4 | 11 | 21 | 25 | -4 | 16 |
| 10 | Kelty Hearts | 21 | 3 | 4 | 14 | 20 | 46 | -26 | 13 |