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| P | Team | M | W | D | L | G+ | G- | GD | P | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Stenhousemuir | 13 | 8 | 4 | 1 | 25 | 10 | 15 | 28 | W W W W D |
| 2 | Peterhead | 13 | 9 | 1 | 3 | 25 | 11 | 14 | 28 | W L W W W |
| 3 | Dumbarton | 13 | 8 | 2 | 3 | 23 | 11 | 12 | 26 | W W W L W |
| 4 | Spartans | 13 | 5 | 5 | 3 | 22 | 19 | 3 | 20 | L L W W W |
| 5 | Bonnyrigg Rose Athletic | 13 | 5 | 3 | 5 | 21 | 21 | 0 | 18 | W L L L W |
| 6 | Stranraer | 13 | 4 | 2 | 7 | 15 | 28 | -13 | 14 | L L W L L |
| 7 | East Fife | 13 | 3 | 4 | 6 | 17 | 18 | -1 | 13 | L W L L W |
| 8 | Forfar | 13 | 2 | 6 | 5 | 12 | 16 | -4 | 12 | L W D L L |
| 9 | Elgin | 13 | 3 | 3 | 7 | 11 | 22 | -11 | 12 | W L W L D |
| 10 | Clyde | 13 | 1 | 4 | 8 | 10 | 25 | -15 | 7 | L D L L L |