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Pos	Team	Played	Won	Drawn	Lost	For	Ag	Diff	Points	Won	Drawn	Lost	For	Ag	Diff	Points	Won	Drawn	Lost	For	Ag	Diff	Points
1	Inverness CT	35	20	11	4	58	23	35	66	12	4	1	36	11	25	40	8	7	3	22	12	10	31
2	Stenhousemuir	35	17	13	5	48	27	21	64	10	7	1	31	12	19	37	7	6	4	17	15	2	27
3	Alloa Athletic	35	15	8	12	49	34	15	53	8	6	3	27	13	14	30	7	2	9	22	21	1	23
4	Queen of the South	35	13	12	10	54	46	8	51	8	6	4	31	22	9	30	5	6	6	23	24	-1	21
5	Peterhead	35	12	7	16	48	62	-14	43	7	4	6	29	27	2	25	5	3	10	19	35	-16	18
6	Montrose	35	11	9	15	48	65	-17	42	8	2	7	25	32	-7	26	3	7	8	23	33	-10	16
7	Hamilton Academicals	35	16	7	12	53	40	13	40	10	2	6	26	15	11	32	6	5	6	27	25	2	23
8	Cove Rangers	35	9	10	16	41	44	-3	37	4	6	7	17	20	-3	18	5	4	9	24	24	0	19
9	East Fife	35	9	8	18	34	61	-27	35	6	4	8	19	27	-8	22	3	4	10	15	34	-19	13
10	Kelty Hearts	35	5	11	19	31	62	-31	26	1	7	10	11	33	-22	10	4	4	9	20	29	-9	16