St Mirren emerged winners after defeating Hamilton Academical 2–1 with goals from Simon Lappin and John Sutton[2] to win the tournament for the first time after being losing finalists in 1993.

The first round draw paired St Mirren with Forfar Athletic at Love Street with the home team winning 1–0 after extra time.

[5] The reward for reaching the semi-final was a home game at against Renfrewshire rivals, Greenock Morton with St Mirren edging out the opponents to win 4–2 on penalties after 0–0 after extra time.

[4] The quarter-final draw brought Dundee to New Douglas Park which saw Hamilton produce a 2–0[5] and awarded Accies their third consecutive clean sheet of the tournament to progress to the semi-finals.

The opposition provided in the semi-final draw was St Johnstone and another away game which saw Hamilton triumph with a 2–1 victors[6] to proceed to the Scottish Challenge Cup final for the third time in the club's history since winning both the 1991 and 1992 tournaments.