| Pos | Team | Pld | W | D | L | +/- | Pts | Form |
|---|---|---|---|---|---|---|---|---|
| 1 | Inverness CT | 33 | 19 | 10 | 4 | 34 | 62 | WDDDW |
| 2 | Stenhousemuir | 33 | 16 | 13 | 4 | 22 | 61 | WWDWD |
| 3 | Alloa Athletic | 33 | 14 | 8 | 11 | 14 | 50 | LDLWL |
| 4 | Queen of the South | 33 | 13 | 10 | 10 | 8 | 49 | WDDDW |
| 5 | Peterhead | 33 | 12 | 6 | 15 | -12 | 42 | LDWLL |
| 6 | Montrose | 33 | 11 | 8 | 14 | -15 | 41 | WDWLL |
| 7 | East Fife | 33 | 9 | 7 | 17 | -25 | 34 | DDDLW |
| 8 | Cove Rangers | 33 | 7 | 10 | 16 | -7 | 31 | DDLWL |
| 9 | Hamilton Academical | 33 | 14 | 7 | 12 | 9 | 28 | LDLLW |
| 10 | Kelty Hearts | 33 | 5 | 11 | 17 | -28 | 26 | DLWDW |