| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Stranraer | 18 | 13 | 2 | 3 | 9 | 2 | 51 | 14 | +37 | 41 | 2.28 |
| 2 | Peterhead | 18 | 10 | 5 | 3 | 8 | 4 | 38 | 13 | +25 | 35 | 1.94 |
| 3 | Stirling Albion | 18 | 10 | 5 | 3 | 8 | 5 | 37 | 12 | +25 | 35 | 1.94 |
| 4 | Gretna | 18 | 9 | 5 | 4 | 4 | 4 | 29 | 18 | +11 | 32 | 1.78 |
| 5 | Montrose | 18 | 7 | 4 | 7 | 4 | 2 | 31 | 34 | -3 | 25 | 1.39 |
| 6 | Cowdenbeath | 18 | 7 | 3 | 8 | 5 | 6 | 25 | 27 | -2 | 24 | 1.33 |
| 7 | Albion Rovers | 18 | 6 | 2 | 10 | 3 | 2 | 36 | 35 | +1 | 20 | 1.11 |
| 8 | Queen's Park | 18 | 5 | 5 | 8 | 5 | 7 | 20 | 24 | -4 | 20 | 1.11 |
| 9 | Elgin City | 18 | 4 | 5 | 9 | 4 | 5 | 23 | 34 | -11 | 17 | 0.94 |
| 10 | East Stirlingshire | 18 | 2 | 2 | 14 | 0 | 4 | 22 | 51 | -29 | 8 | 0.44 |
3 points for a win
Points per game, average goal difference then average goals scored applies
Points per game, average goal difference then average goals scored applies
