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| # | Team | P | W | D | L | Goals | Pts |
|---|---|---|---|---|---|---|---|
| 1 | Arbroath | 36 | 19 | 7 | 10 | 58:42 | 64 |
| 2 | Cove Rangers | 36 | 16 | 9 | 11 | 62:44 | 57 |
| 3 | Queen of the South | 36 | 16 | 7 | 13 | 46:41 | 55 |
| 4 | Stenhousemuir | 36 | 15 | 8 | 13 | 48:45 | 53 |
| 5 | Alloa Athletic | 36 | 13 | 12 | 11 | 55:47 | 51 |
| 6 | Kelty Hearts | 36 | 11 | 11 | 14 | 40:46 | 44 |
| 7 | Inverness CT | 36 | 16 | 10 | 10 | 45:38 | 43 |
| 8 | Montrose | 36 | 9 | 13 | 14 | 40:49 | 40 |
| 9 | Annan Athletic | 36 | 10 | 6 | 20 | 41:68 | 36 |
| 10 | Dumbarton | 36 | 8 | 11 | 17 | 51:66 | 20 |