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Inverness CT finished 1st, Stenhousemuir 2nd.
| # | Team | P | W | D | L | Goals | Pts |
|---|---|---|---|---|---|---|---|
| 1 | Inverness CT | 36 | 21 | 11 | 4 | 60:24 | 69 |
| 2 | Stenhousemuir | 36 | 18 | 13 | 5 | 50:27 | 67 |
| 3 | Queen of the South | 36 | 14 | 12 | 10 | 58:47 | 54 |
| 4 | Alloa Athletic | 36 | 15 | 8 | 13 | 50:38 | 53 |
| 5 | Peterhead | 36 | 12 | 7 | 17 | 48:64 | 43 |
| 6 | Montrose | 36 | 11 | 9 | 16 | 48:67 | 42 |
| 7 | Cove Rangers | 36 | 9 | 11 | 16 | 41:44 | 38 |
| 8 | East Fife | 36 | 9 | 9 | 18 | 34:61 | 36 |
| 9 | Hamilton Academical | 36 | 16 | 7 | 13 | 54:42 | 34 |
| 10 | Kelty Hearts | 36 | 6 | 11 | 19 | 33:62 | 29 |
| Player | Team | Goals |
|---|---|---|
| O. Shaw | Hamilton Academical | 23 |
| K. Shanks | Peterhead | 17 |
| M. Megginson | Cove Rangers | 12 |
| C. Zimba | Inverness CT | 11 |
| C. Sandilands | Montrose | 10 |