The season started on August 4, 1995, and finished on July 1, 1996.
Two clubs promoted from the 1994–95 Ukrainian Second League.
Two clubs were relegated from the 1994-95 Ukrainian Top League: In 1995-96 season, the Ukrainian First League consists of the following teams: Note:FC Temp Shepetivka at first united with FC Advis Khmelnytskyi.
At winter break the club withdrew and was dissolved.
To save the situation in the place of former Temp there was formed completely new team out of random amateur players based in Kamyanets-Podilskyi was given the name of Ratusha.