Third Division 2011/12
| Pos | Club | P | W | D | L | F | A | GD | Pts |
|---|---|---|---|---|---|---|---|---|---|
| 1 |  Alloa Athletic | 36 | 23 | 8 | 5 | 70 | 39 | 31 | 77 |
| 2 |  Queen’s Park | 36 | 19 | 6 | 11 | 70 | 48 | 22 | 63 |
| 3 |  Stranraer | 36 | 17 | 7 | 12 | 77 | 57 | 20 | 58 |
| 4 |  Elgin City | 36 | 16 | 9 | 11 | 68 | 60 | 8 | 57 |
| 5 |  Peterhead | 36 | 15 | 6 | 15 | 51 | 53 | -2 | 51 |
| 6 |  Annan Athletic | 36 | 13 | 10 | 13 | 53 | 53 | 0 | 49 |
| 7 |  Berwick Rangers | 36 | 12 | 12 | 12 | 61 | 58 | 3 | 48 |
| 8 |  Montrose | 36 | 11 | 5 | 20 | 58 | 75 | -17 | 38 |
| 9 |  Clyde | 36 | 8 | 11 | 17 | 35 | 50 | -15 | 35 |
| 10 |  East Stirlingshire | 36 | 6 | 6 | 24 | 38 | 88 | -50 | 24 |