| # | Team | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Spartans | 18 | 9 | 7 | 2 | 29:17 | 12 | 34 | |
| 2. | Stenhousemuir | 18 | 9 | 7 | 2 | 24:13 | 11 | 34 | |
| 3. | Dumbarton | 18 | 7 | 3 | 8 | 28:28 | 0 | 24 | |
| 4. | Peterhead | 18 | 5 | 8 | 5 | 25:24 | 1 | 23 | |
| 5. | East Fife | 18 | 5 | 6 | 7 | 21:20 | 1 | 21 | |
| 6. | Forfar Athletic | 18 | 4 | 7 | 7 | 16:20 | -4 | 19 | |
| 7. | Bonnyrigg Rose | 18 | 4 | 5 | 9 | 20:26 | -6 | 17 | |
| 8. | Clyde | 18 | 3 | 6 | 9 | 27:31 | -4 | 15 | |
| 9. | Elgin City | 18 | 2 | 4 | 12 | 14:39 | -25 | 10 | |
| 10. | Stranraer | 18 | 1 | 5 | 12 | 11:34 | -23 | 8 |