| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Peterhead | 17 | 10 | 4 | 3 | 31:14 | 17 | 34 | |
| 2. | Stenhousemuir | 18 | 9 | 7 | 2 | 26:18 | 8 | 34 | |
| 3. | Dumbarton | 18 | 9 | 6 | 3 | 28:16 | 12 | 33 | |
| 4. | Elgin City | 17 | 8 | 6 | 3 | 21:17 | 4 | 30 | |
| 5. | Stranraer | 17 | 7 | 4 | 6 | 25:19 | 6 | 25 | |
| 6. | Spartans | 18 | 6 | 6 | 6 | 24:26 | -2 | 24 | |
| 7. | East Fife | 17 | 6 | 5 | 6 | 24:25 | -1 | 23 | |
| 8. | Forfar Athletic | 18 | 5 | 8 | 5 | 22:25 | -3 | 23 | |
| 9. | Clyde | 18 | 6 | 5 | 7 | 19:27 | -8 | 23 | |
| 10. | Bonnyrigg Rose | 17 | 4 | 7 | 6 | 23:22 | 1 | 19 |