| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Raith Rovers | 32 | 56 | 9 | 4 | 4 | 27 | 14 | 6 | 7 | 2 | 24 | 16 | |||
| 2 | Brechin City | 32 | 50 | 7 | 3 | 6 | 30 | 30 | 8 | 2 | 6 | 29 | 24 | |||
| 3 | Airdrie United | 32 | 46 | 7 | 7 | 2 | 21 | 13 | 5 | 3 | 8 | 24 | 27 | |||
| 4 | Stenhousemuir | 32 | 46 | 8 | 6 | 3 | 31 | 23 | 4 | 4 | 7 | 16 | 20 | |||
| 5 | Forfar Athletic | 32 | 43 | 7 | 3 | 5 | 26 | 23 | 5 | 4 | 8 | 19 | 27 | |||
| 6 | 32 | 42 | 5 | 5 | 6 | 19 | 24 | 6 | 4 | 6 | 21 | 23 | ||||
| 7 | 32 | 41 | 6 | 1 | 8 | 17 | 22 | 5 | 7 | 5 | 18 | 20 | ||||
| 8 | Dumbarton | 32 | 40 | 6 | 5 | 5 | 24 | 21 | 5 | 2 | 9 | 14 | 21 | |||
| 9 | Stranraer | 32 | 40 | 7 | 4 | 5 | 26 | 21 | 4 | 3 | 9 | 21 | 30 | |||
| 10 | Cowdenbeath | 32 | 34 | 5 | 4 | 7 | 20 | 20 | 3 | 6 | 7 | 25 | 33 | |||