| Pos | Team | Pld | Pts | GD | Home | Away | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| W | D | L | F | A | W | D | L | F | A | |||||||
| 1 | Stranraer | 38 | 69 | 11 | 4 | 3 | 29 | 12 | 8 | 8 | 4 | 25 | 17 | |||
| 2 | Greenock Morton | 36 | 65 | 10 | 4 | 5 | 26 | 15 | 9 | 4 | 4 | 28 | 19 | |||
| 3 | Airdrie United | 36 | 62 | 10 | 5 | 3 | 35 | 18 | 6 | 9 | 3 | 18 | 14 | |||
| 4 | Forfar Athletic | 36 | 61 | 10 | 5 | 3 | 25 | 12 | 7 | 5 | 6 | 26 | 24 | |||
| 5 | Brechin City | 39 | 60 | 6 | 11 | 4 | 28 | 25 | 8 | 7 | 3 | 26 | 18 | |||
| 6 | Peterhead | 39 | 55 | 8 | 6 | 4 | 23 | 17 | 6 | 7 | 8 | 26 | 35 | |||
| 7 | Dunfermline Athletic | 38 | 47 | 7 | 6 | 5 | 25 | 20 | 4 | 8 | 8 | 16 | 25 | |||
| 8 | Stenhousemuir | 37 | 31 | 4 | 6 | 8 | 16 | 24 | 3 | 4 | 12 | 20 | 30 | |||
| 9 | Ayr United | 38 | 30 | 2 | 8 | 10 | 21 | 31 | 4 | 4 | 10 | 19 | 28 | |||
| 10 | Stirling Albion | 38 | 21 | 2 | 6 | 11 | 18 | 39 | 1 | 6 | 12 | 10 | 37 | |||