| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Cove Rangers | 18 | 9 | 3 | 6 | 38:20 | 18 | 30 | |
| 2. | Inverness | 18 | 9 | 3 | 6 | 25:22 | 3 | 30 | |
| 3. | Arbroath | 18 | 8 | 3 | 7 | 30:28 | 2 | 27 | |
| 4. | Alloa | 18 | 6 | 8 | 4 | 29:24 | 5 | 26 | |
| 5. | Kelty Hearts | 18 | 5 | 7 | 6 | 22:18 | 4 | 22 | |
| 6. | Stenhousemuir | 18 | 6 | 4 | 8 | 20:23 | -3 | 22 | |
| 7. | Montrose | 18 | 5 | 6 | 7 | 18:21 | -3 | 21 | |
| 8. | Dumbarton | 18 | 4 | 6 | 8 | 26:31 | -5 | 18 | |
| 9. | Queen of South | 18 | 3 | 5 | 10 | 14:20 | -6 | 14 | |
| 10. | Annan | 18 | 4 | 2 | 12 | 19:38 | -19 | 14 |