| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Raith Rovers | 18 | 11 | 4 | 3 | 11 | 3 | 27 | 11 | +16 | 37 | 2.06 |
| 2 | Ayr United | 18 | 11 | 1 | 6 | 7 | 4 | 33 | 22 | +11 | 34 | 1.89 |
| 3 | Stirling Albion | 18 | 7 | 6 | 5 | 2 | 1 | 33 | 26 | +7 | 27 | 1.50 |
| 4 | East Fife | 18 | 7 | 3 | 8 | 8 | 5 | 20 | 20 | 0 | 24 | 1.33 |
| 5 | Peterhead | 18 | 6 | 6 | 6 | 7 | 6 | 22 | 23 | -1 | 24 | 1.33 |
| 6 | Brechin City | 18 | 6 | 6 | 6 | 5 | 4 | 24 | 27 | -3 | 24 | 1.33 |
| 7 | Arbroath | 18 | 5 | 5 | 8 | 5 | 4 | 22 | 23 | -1 | 20 | 1.11 |
| 8 | Queen's Park | 18 | 3 | 6 | 9 | 3 | 7 | 18 | 31 | -13 | 15 | 0.83 |
| 9 | Alloa Athletic | 18 | 3 | 4 | 11 | 2 | 7 | 18 | 32 | -14 | 13 | 0.72 |
| 10 | Stranraer | 18 | 2 | 3 | 13 | 0 | 7 | 17 | 42 | -25 | 9 | 0.50 |
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
