| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Montrose | 18 | 11 | 4 | 3 | 31:22 | 9 | 37 | |
| 2. | Peterhead | 18 | 11 | 2 | 5 | 37:21 | 16 | 35 | |
| 3. | Elgin City | 18 | 10 | 4 | 4 | 31:16 | 15 | 34 | |
| 4. | Stenhousemuir | 18 | 9 | 1 | 8 | 32:26 | 6 | 28 | |
| 5. | Stirling | 18 | 8 | 4 | 6 | 30:24 | 6 | 28 | |
| 6. | Clyde | 18 | 7 | 6 | 5 | 23:23 | 0 | 27 | |
| 7. | Annan | 18 | 6 | 8 | 4 | 24:17 | 7 | 26 | |
| 8. | Berwick | 18 | 5 | 6 | 7 | 21:27 | -6 | 21 | |
| 9. | Edinburgh City | 18 | 4 | 4 | 10 | 19:31 | -12 | 16 | |
| 10. | Cowdenbeath | 18 | 3 | 3 | 12 | 12:35 | -23 | 12 |