Pos Team Pld Pts GD Home   Away
  W D L F A   W D L F A
1 Raith Rovers 15 32   5 3 0 18 8   4 2 1 9 4
2 Brechin City 15 32   6 1 0 16 7   3 4 1 11 12
3 Ayr United 15 31   5 3 0 15 8   4 1 2 15 9
4 Peterhead 15 22   4 2 2 17 7   2 2 3 5 8
5 East Fife 15 19   2 1 4 8 10   3 3 2 10 8
6 Stirling Albion 15 16   2 3 2 10 11   1 4 3 10 12
7 Queen's Park 15 15   1 4 2 5 8   2 2 4 9 13
8 Alloa Athletic 15 14   4 1 3 14 14   0 1 6 7 18
9 Arbroath 15 12   2 1 5 8 12   1 2 4 10 13
10 Stranraer 15 10   1 3 3 7 11   1 1 6 10 21