| Pos | Team | Pld | Pts | GD | W | D | L | F | A |
|---|---|---|---|---|---|---|---|---|---|
| 1 | St. Johnstone | 36 | 53 | +40 | 24 | 5 | 7 | 87 | 47 |
| 2 | Dundee United | 36 | 50 | +45 | 22 | 6 | 8 | 90 | 45 |
| 3 | Queen of the South | 36 | 49 | +42 | 21 | 7 | 8 | 94 | 52 |
| 4 | Hamilton Academical | 36 | 48 | +29 | 21 | 6 | 9 | 91 | 62 |
| 5 | Stenhousemuir | 36 | 44 | +19 | 20 | 4 | 12 | 86 | 67 |
| 6 | Dumbarton | 36 | 43 | +14 | 18 | 7 | 11 | 67 | 53 |
| 7 | Montrose | 36 | 43 | +8 | 19 | 5 | 12 | 60 | 52 |
| 8 | Falkirk | 36 | 39 | +34 | 15 | 9 | 12 | 77 | 43 |
| 9 | Berwick Rangers | 36 | 37 | +7 | 16 | 5 | 15 | 62 | 55 |
| 10 | Albion Rovers | 36 | 36 | -7 | 14 | 8 | 14 | 71 | 78 |
| 11 | Queen's Park | 36 | 36 | -14 | 17 | 2 | 17 | 65 | 79 |
| 12 | Brechin City | 36 | 34 | 0 | 14 | 6 | 16 | 66 | 66 |
| 13 | Alloa Athletic | 36 | 31 | -15 | 13 | 5 | 18 | 70 | 85 |
| 14 | Morton | 36 | 28 | -12 | 10 | 8 | 18 | 67 | 79 |
| 15 | 36 | 28 | -14 | 10 | 8 | 18 | 68 | 82 | |
| 16 | Forfar Athletic | 36 | 28 | -31 | 10 | 8 | 18 | 53 | 84 |
| 17 | Stranraer | 36 | 23 | -26 | 10 | 3 | 23 | 53 | 79 |
| 18 | East Fife | 36 | 20 | -37 | 7 | 6 | 23 | 50 | 87 |
| 19 | Cowdenbeath | 36 | 14 | -82 | 6 | 2 | 28 | 42 | 124 |