| Standings | P | W | D | L | GD | PTS | |
|---|---|---|---|---|---|---|---|
| 1 | Peterhead | 18 | 13 | 3 | 2 | 18 | 42 |
| 2 | East Fife | 18 | 13 | 3 | 2 | 28 | 42 |
| 3 | Edinburgh City | 18 | 10 | 2 | 6 | 10 | 32 |
| 4 | Elgin City | 18 | 11 | 2 | 5 | 14 | 35 |
| 5 | Spartans FC | 18 | 10 | 3 | 5 | 9 | 33 |
| 6 | Stirling Albion | 18 | 9 | 1 | 8 | -2 | 28 |
| 7 | Clyde | 18 | 8 | 6 | 4 | 10 | 30 |
| 8 | Stranraer | 18 | 5 | 6 | 7 | 0 | 21 |
| 9 | Forfar Athletic | 18 | 3 | 8 | 7 | -7 | 17 |
| 10 | Bonnyrigg Rose Athletic | 18 | 8 | 3 | 7 | 3 | 27 |
