| Pos | Team | Pld | Pts | GD | W | D | L | F | A |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Greenock Morton | 36 | 69 | +25 | 22 | 3 | 11 | 65 | 40 |
| 2 | Stranraer | 36 | 67 | +21 | 20 | 7 | 9 | 59 | 38 |
| 3 | Forfar Athletic | 36 | 66 | +18 | 20 | 6 | 10 | 59 | 41 |
| 4 | Brechin City | 36 | 59 | +12 | 15 | 14 | 7 | 58 | 46 |
| 5 | Airdrie United | 36 | 58 | +14 | 16 | 10 | 10 | 53 | 39 |
| 6 | Peterhead | 36 | 51 | -3 | 14 | 9 | 13 | 51 | 54 |
| 7 | Dunfermline Athletic | 36 | 48 | -2 | 13 | 9 | 14 | 46 | 48 |
| 8 | Ayr United | 36 | 34 | -15 | 9 | 7 | 20 | 45 | 60 |
| 9 | Stenhousemuir | 36 | 29 | -21 | 8 | 5 | 23 | 42 | 63 |
| 10 | Stirling Albion | 36 | 20 | -49 | 4 | 8 | 24 | 35 | 84 |