| Position |
Team |
Played |
Goal Diff. |
Points |
| 1 |
Stranraer
|
36 |
57 |
79 |
| 2 |
Stirling Albion
|
36 |
51 |
77 |
| 3 |
Gretna
|
36 |
20 |
68 |
| 4 |
Peterhead
|
36 |
30 |
61 |
| 5 |
Cowdenbeath
|
36 |
7 |
55 |
| 6 |
Montrose
|
36 |
-11 |
48 |
| 7 |
Queens Park
|
36 |
-12 |
41 |
| 8 |
Albion Rovers
|
36 |
-9 |
40 |
| 9 |
Elgin City
|
36 |
-45 |
25 |
| 10 |
E Stirlingshire
|
36 |
-88 |
8 |
|
