| # | Player | Team | Goals | Penalty |
|---|---|---|---|---|
| 1 |
Craig Gunn
|
Elgin City | 21 | 8 |
| 2 |
Nathan Austin
|
East Fife | 19 | 0 |
| 3 |
Gary Fraser
|
Montrose | 19 | 2 |
| 4 |
Blair Henderson
|
Berwick Rangers | 17 | 2 |
| 5 |
Peter Weatherson
|
Annan Athletic | 15 | 2 |
| 6 |
Josh Todd
|
Annan Athletic | 13 | 0 |
| 7 |
Matthew Flynn
|
Annan Athletic | 12 | 0 |
| 8 |
Smart Osadolor
|
Annan Athletic | 12 | 0 |
| 9 |
Brian Cameron
|
Elgin City | 11 | 3 |
| 10 |
Bobby Linn
|
Arbroath | 11 | 1 |
| 11 |
Paul Woods
|
Queen's Park | 11 | 1 |
| 12 |
Darren Lavery
|
Berwick Rangers | 10 | 2 |
| 13 |
Darren Smith
|
Stirling Albion | 10 | 0 |
| 14 |
Graham Webster
|
Montrose | 10 | 0 |
| 15 |
Steven Doris
|
Stirling Albion | 9 | 1 |
| 16 |
Sean Higgins
|
Clyde | 9 | 0 |
| 17 |
Scott Linton
|
Clyde | 9 | 6 |
| 18 |
Kyle Wilkie
|
East Fife | 9 | 0 |
| 19 |
John Carter
|
Queen's Park | 8 | 0 |
| 20 |
David Gormley
|
Clyde | 8 | 0 |