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| # | Team | P | W | D | L | Goals | Pts |
|---|---|---|---|---|---|---|---|
| 1 | Stirling Albion | 36 | 21 | 10 | 5 | 67:37 | 73 |
| 2 | Dumbarton | 36 | 18 | 8 | 10 | 49:39 | 62 |
| 3 | Annan Athletic | 36 | 14 | 9 | 13 | 61:51 | 51 |
| 4 | East Fife | 36 | 14 | 8 | 14 | 54:50 | 50 |
| 5 | Forfar Athletic | 36 | 13 | 9 | 14 | 37:43 | 48 |
| 6 | Stenhousemuir | 36 | 12 | 11 | 13 | 51:55 | 47 |
| 7 | Stranraer | 36 | 12 | 9 | 15 | 43:57 | 45 |
| 8 | Bonnyrigg Rose Athletic | 36 | 11 | 9 | 16 | 36:47 | 42 |
| 9 | Elgin City | 36 | 11 | 7 | 18 | 44:62 | 40 |
| 10 | Albion Rovers | 36 | 11 | 6 | 19 | 47:48 | 39 |