| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Inverness | 15 | 11 | 2 | 2 | 27:9 | 18 | 30 | |
| 2. | Alloa | 16 | 8 | 4 | 4 | 22:9 | 13 | 28 | |
| 3. | Stenhousemuir | 16 | 7 | 6 | 3 | 20:13 | 7 | 27 | |
| 4. | Hamilton | 16 | 8 | 4 | 4 | 31:13 | 18 | 22 | |
| 5. | Queen of South | 16 | 6 | 4 | 6 | 20:22 | -2 | 22 | |
| 6. | East Fife | 15 | 6 | 4 | 5 | 19:21 | -2 | 22 | |
| 7. | Peterhead | 16 | 6 | 2 | 8 | 22:31 | -9 | 20 | |
| 8. | Montrose | 16 | 5 | 3 | 8 | 17:29 | -12 | 18 | |
| 9. | Cove Rangers | 16 | 2 | 4 | 10 | 12:22 | -10 | 10 | |
| 10. | Kelty Hearts | 16 | 2 | 3 | 11 | 13:34 | -21 | 9 |