| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Kelty Hearts | 36 | 24 | 9 | 3 | 68:28 | 40 | 81 | |
| 2. | Forfar Athletic | 36 | 16 | 12 | 8 | 57:36 | 21 | 60 | |
| 3. | Annan | 36 | 18 | 5 | 13 | 64:51 | 13 | 59 | |
| 4. | Edinburgh City | 36 | 14 | 10 | 12 | 43:49 | -6 | 52 | |
| 5. | Stenhousemuir | 36 | 13 | 10 | 13 | 47:46 | 1 | 49 | |
| 6. | Stranraer | 36 | 13 | 8 | 15 | 50:54 | -4 | 47 | |
| 7. | Stirling | 36 | 11 | 9 | 16 | 41:46 | -5 | 42 | |
| 8. | Albion Rovers | 36 | 10 | 9 | 17 | 37:58 | -21 | 39 | |
| 9. | Elgin City | 36 | 9 | 10 | 17 | 33:51 | -18 | 37 | |
| 10. | Cowdenbeath | 36 | 7 | 8 | 21 | 28:49 | -21 | 29 |