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| 21.02.1954 | SD Escoriaza | - | UE Lleida | 1:3 | ||
| CP La Felguera | - | Real Avilés Club de Fútbol | 1:1 | |||
| Deportivo Alavés | - | CD Logroñés | 5:0 | |||
| CE Sabadell | - | Real Zaragoza | 4:3 | |||
| Caudal Deportivo | - | Gimnástica Torrelavega | 1:3 | |||
| Racing Ferrol | - | Barakaldo CF | 2:2 | |||
| SD Eibar | - | SD España Industrial | 1:1 | |||
| CD Leonesa | - | UD Salamanca | 1:0 | |||
| Xerez CD | - | Real Murcia | 1:1 | |||
| RB Linense | - | Hércules CF | 1:0 | |||
| CD Tenerife | - | Granada CF | 3:2 | |||
| CD Badajoz | - | UD Las Palmas | 0:0 | |||
| CD Castellón | - | UD España | 3:0 | |||
| RCD Mallorca | - | UD Melilla | 1:1 | |||
| CD Mestalla | - | CD Málaga | 2:3 | |||
| Atlético Tetuán | - | CD Alcoyano | 4:0 |
| » Stand | Thuis | uit | Heenronde | Returnronde |
| 1 | |||||||||
| # | Team | GS. | W. | G. | V. | Dp. | Ds. | P. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Deportivo Alavés | 23 | 14 | 6 | 3 | 57:30 | 27 | 34:12 |
| 2 |
|
Barakaldo CF | 23 | 15 | 3 | 5 | 50:25 | 25 | 33:13 |
| 3 |
|
CD Leonesa | 23 | 13 | 3 | 7 | 54:35 | 19 | 29:17 |
| 4 |
|
UE Lleida | 23 | 11 | 4 | 8 | 45:36 | 9 | 26:20 |
| 5 |
|
SD Eibar | 23 | 9 | 8 | 6 | 46:35 | 11 | 26:20 |
| 6 |
|
UD España | 23 | 12 | 1 | 10 | 50:43 | 7 | 25:21 |
| 7 |
|
CE Sabadell | 23 | 11 | 3 | 9 | 44:44 | 0 | 25:21 |
| 8 |
|
Real Zaragoza | 23 | 9 | 5 | 9 | 57:43 | 14 | 23:23 |
| 9 |
|
Racing Ferrol | 23 | 9 | 4 | 10 | 33:48 | -15 | 22:24 |
| 10 |
|
Real Avilés Club de Fútbol | 23 | 7 | 8 | 8 | 38:50 | -12 | 22:24 |
| 11 |
|
CD Logroñés | 23 | 9 | 2 | 12 | 49:45 | 4 | 20:26 |
| 12 |
|
Caudal Deportivo | 23 | 6 | 6 | 11 | 25:38 | -13 | 18:28 |
| 13 |
|
UD Salamanca | 23 | 6 | 5 | 12 | 35:41 | -6 | 17:29 |
| 14 |
|
SD Escoriaza | 23 | 6 | 5 | 12 | 32:56 | -24 | 17:29 |
| 15 |
|
CP La Felguera | 23 | 6 | 5 | 12 | 32:50 | -18 | 17:29 |
| 16 |
|
Gimnástica Torrelavega | 23 | 7 | 2 | 14 | 23:55 | -32 | 16:30 |
| 2 | |||||||||
| # | Team | GS. | W. | G. | V. | Dp. | Ds. | P. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Hércules CF | 23 | 14 | 3 | 6 | 45:32 | 13 | 31:15 |
| 2 |
|
CD Málaga | 23 | 12 | 4 | 7 | 42:25 | 17 | 28:18 |
| 3 |
|
UD Las Palmas | 23 | 11 | 5 | 7 | 42:30 | 12 | 27:19 |
| 4 |
|
CD Castellón | 23 | 13 | 1 | 9 | 48:41 | 7 | 27:19 |
| 5 |
|
Atlético Tetuán | 23 | 13 | 1 | 9 | 50:32 | 18 | 27:19 |
| 6 |
|
Granada CF | 23 | 12 | 2 | 9 | 45:29 | 16 | 26:20 |
| 7 |
|
CD Tenerife | 23 | 10 | 4 | 9 | 46:34 | 12 | 24:22 |
| 8 |
|
SD España Industrial | 23 | 8 | 7 | 8 | 50:39 | 11 | 23:23 |
| 9 |
|
RB Linense | 23 | 10 | 3 | 10 | 36:43 | -7 | 23:23 |
| 10 |
|
Real Murcia | 23 | 8 | 6 | 9 | 37:41 | -4 | 22:24 |
| 11 |
|
CD Badajoz | 23 | 8 | 6 | 9 | 49:44 | 5 | 22:24 |
| 12 |
|
CD Alcoyano | 23 | 7 | 7 | 9 | 30:37 | -7 | 21:25 |
| 13 |
|
Xerez CD | 23 | 8 | 4 | 11 | 31:44 | -13 | 20:26 |
| 14 |
|
UD Melilla | 23 | 8 | 4 | 11 | 27:47 | -20 | 20:26 |
| 15 |
|
CD Mestalla | 23 | 7 | 2 | 14 | 39:48 | -9 | 16:30 |
| 16 |
|
RCD Mallorca | 23 | 3 | 3 | 17 | 30:77 | -47 | 9:37 |
