| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Raith | 18 | 11 | 3 | 4 | 28:15 | 13 | 36 | |
| 2. | Morton | 18 | 11 | 1 | 6 | 35:19 | 16 | 34 | |
| 3. | Brechin | 18 | 9 | 4 | 5 | 31:21 | 10 | 31 | |
| 4. | Stirling | 18 | 9 | 4 | 5 | 30:22 | 8 | 31 | |
| 5. | Ayr | 18 | 7 | 5 | 6 | 25:24 | 1 | 26 | |
| 6. | Alloa | 18 | 6 | 3 | 9 | 23:43 | -20 | 21 | |
| 7. | Cowdenbeath | 18 | 6 | 2 | 10 | 23:21 | 2 | 20 | |
| 8. | Peterhead | 18 | 5 | 3 | 10 | 26:35 | -9 | 18 | |
| 9. | Stranraer | 18 | 2 | 7 | 9 | 16:36 | -20 | 13 | |
| 10. | Forfar Athletic | 18 | 0 | 4 | 14 | 16:59 | -43 | 4 |