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| 07.03.1948 | CD Málacitano | - | Granada CF | 2:2 | ||
| Real Murcia | - | Deportivo La Coruña | 1:1 | |||
| CF Badalona | - | RCD Mallorca | 3:1 | |||
| RCD Córdoba | - | Barakaldo CF | 5:1 | |||
| Racing Ferrol | - | CD Castellón | 3:0 | |||
| CD Mestalla | - | Real Valladolid | 8:3 | |||
| Hércules CF | - | Levante UD | 2:2 |
| » Classement | équipe recevante | à l'extérieur | Premier tour | Second tour |
| # | Équipe | M. | G. | N. | P. | Buts | Diff. | Pts. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Real Valladolid | 23 | 13 | 5 | 5 | 52:38 | 14 | 31:15 |
| 2 |
|
Deportivo La Coruña | 23 | 13 | 3 | 7 | 57:27 | 30 | 29:17 |
| 3 |
|
CD Málacitano | 23 | 12 | 2 | 9 | 60:44 | 16 | 26:20 |
| 4 |
|
Hércules CF | 23 | 12 | 2 | 9 | 67:55 | 12 | 26:20 |
| 5 |
|
Racing Ferrol | 23 | 11 | 2 | 10 | 61:40 | 21 | 24:22 |
| 6 |
|
CF Badalona | 23 | 10 | 3 | 10 | 60:66 | -6 | 23:23 |
| 7 |
|
Levante UD | 23 | 9 | 4 | 10 | 57:50 | 7 | 22:24 |
| 8 |
|
CD Castellón | 23 | 10 | 2 | 11 | 47:49 | -2 | 22:24 |
| 9 |
|
CD Mestalla | 23 | 9 | 3 | 11 | 53:63 | -10 | 21:25 |
| 10 |
|
Real Murcia | 23 | 8 | 5 | 10 | 35:49 | -14 | 21:25 |
| 11 |
|
Granada CF | 23 | 8 | 4 | 11 | 42:50 | -8 | 20:26 |
| 12 |
|
Barakaldo CF | 23 | 10 | 0 | 13 | 41:64 | -23 | 20:26 |
| 13 |
|
RCD Mallorca | 23 | 8 | 3 | 12 | 39:62 | -23 | 19:27 |
| 14 |
|
RCD Córdoba | 23 | 7 | 4 | 12 | 36:50 | -14 | 18:28 |
