| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Stenhousemuir | 17 | 9 | 7 | 1 | 24:11 | 13 | 34 | |
| 2. | Spartans | 17 | 8 | 7 | 2 | 27:16 | 11 | 31 | |
| 3. | Dumbarton | 17 | 7 | 3 | 7 | 27:26 | 1 | 24 | |
| 4. | Peterhead | 18 | 5 | 8 | 5 | 25:24 | 1 | 23 | |
| 5. | East Fife | 18 | 5 | 6 | 7 | 21:20 | 1 | 21 | |
| 6. | Forfar Athletic | 17 | 4 | 7 | 6 | 16:16 | 0 | 19 | |
| 7. | Bonnyrigg Rose | 18 | 4 | 5 | 9 | 20:26 | -6 | 17 | |
| 8. | Clyde | 17 | 2 | 6 | 9 | 24:31 | -7 | 12 | |
| 9. | Elgin City | 18 | 2 | 4 | 12 | 14:39 | -25 | 10 | |
| 10. | Stranraer | 18 | 1 | 5 | 12 | 11:34 | -23 | 8 |