| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Morton | 18 | 13 | 4 | 1 | 41:13 | 28 | 43 | |
| 2. | Stirling | 18 | 12 | 2 | 4 | 37:17 | 20 | 38 | |
| 3. | Brechin | 18 | 9 | 2 | 7 | 30:24 | 6 | 29 | |
| 4. | Raith | 18 | 7 | 5 | 6 | 22:18 | 4 | 26 | |
| 5. | Stranraer | 18 | 8 | 2 | 8 | 29:38 | -9 | 26 | |
| 6. | Cowdenbeath | 18 | 7 | 4 | 7 | 36:35 | 1 | 25 | |
| 7. | Ayr | 18 | 7 | 3 | 8 | 21:23 | -2 | 24 | |
| 8. | Peterhead | 18 | 6 | 5 | 7 | 34:27 | 7 | 23 | |
| 9. | Alloa | 18 | 5 | 6 | 7 | 24:27 | -3 | 21 | |
| 10. | Forfar Athletic | 18 | 4 | 3 | 11 | 21:31 | -10 | 15 |