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| # | Team | P | W | D | L | Goals | Pts |
|---|---|---|---|---|---|---|---|
| 1 | Kelty Hearts | 36 | 24 | 9 | 3 | 68:28 | 81 |
| 2 | Forfar Athletic | 36 | 16 | 12 | 8 | 57:36 | 60 |
| 3 | Annan Athletic | 36 | 18 | 5 | 13 | 64:51 | 59 |
| 4 | Edinburgh City | 36 | 14 | 10 | 12 | 43:49 | 52 |
| 5 | Stenhousemuir | 36 | 13 | 10 | 13 | 47:46 | 49 |
| 6 | Stranraer | 36 | 13 | 8 | 15 | 50:54 | 47 |
| 7 | Stirling Albion | 36 | 11 | 9 | 16 | 41:46 | 42 |
| 8 | Albion Rovers | 36 | 10 | 9 | 17 | 37:58 | 39 |
| 9 | Elgin City | 36 | 9 | 10 | 17 | 33:51 | 37 |
| 10 | Cowdenbeath | 36 | 7 | 8 | 21 | 28:49 | 29 |