Dutchman Dick Advocaat was brought in to replace Walter Smith at Rangers and made major changes, bringing in many players.
Two goals from Neil McCann and a Jorg Albertz penalty gave Rangers their 100th league victory over Celtic.
Eventual winners Rangers defeated Alloa Athletic, Ayr United and Airdrieonians en route to the final which was held at Celtic Park.
Eventual winners Rangers defeated Stenhousemuir, Hamilton Academical, Falkirk and St Johnstone en route the final.
A Rod Wallace goal clinched a domestic treble for Rangers in Dick Advocaat's first season as manager.