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Dunfermline finished 1st, Ayr Utd 2nd.
| # | Team | P | W | D | L | Goals | Pts |
|---|---|---|---|---|---|---|---|
| 1 | Dunfermline | 36 | 24 | 7 | 5 | 83:30 | 79 |
| 2 | Ayr Utd | 36 | 19 | 4 | 13 | 65:47 | 61 |
| 3 | Peterhead | 36 | 16 | 11 | 9 | 72:47 | 59 |
| 4 | Stranraer | 36 | 15 | 6 | 15 | 43:49 | 51 |
| 5 | Airdrie United | 36 | 14 | 7 | 15 | 48:50 | 49 |
| 6 | Albion Rovers | 36 | 13 | 10 | 13 | 40:44 | 49 |
| 7 | Brechin | 36 | 12 | 6 | 18 | 47:59 | 42 |
| 8 | Stenhousemuir | 36 | 11 | 7 | 18 | 46:80 | 40 |
| 9 | Cowdenbeath | 36 | 11 | 6 | 19 | 46:72 | 39 |
| 10 | Forfar Athletic | 36 | 8 | 10 | 18 | 48:60 | 34 |
| Player | Team | Goals |
|---|---|---|
| F. El Bakhtaoui | Dunfermline | 22 |
| R. McAllister | Peterhead | 22 |
| G. Spence | Cowdenbeath | 17 |
| Robert Thomson | Brechin | 15 |
| C. Moore | Ayr Utd | 14 |