| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Inverness | 24 | 16 | 4 | 4 | 43:15 | 28 | 47 | |
| 2. | Stenhousemuir | 24 | 11 | 9 | 4 | 34:20 | 14 | 42 | |
| 3. | Queen of South | 25 | 11 | 6 | 8 | 39:32 | 7 | 39 | |
| 4. | Alloa | 24 | 10 | 7 | 7 | 32:20 | 12 | 37 | |
| 5. | Montrose | 23 | 8 | 5 | 10 | 29:40 | -11 | 29 | |
| 6. | Peterhead | 23 | 8 | 5 | 10 | 32:44 | -12 | 29 | |
| 7. | East Fife | 24 | 8 | 4 | 12 | 25:42 | -17 | 28 | |
| 8. | Hamilton | 23 | 11 | 5 | 7 | 38:24 | 14 | 23 | |
| 9. | Cove Rangers | 24 | 4 | 7 | 13 | 25:32 | -7 | 19 | |
| 10. | Kelty Hearts | 24 | 3 | 6 | 15 | 21:49 | -28 | 15 |