This was the 1998–99 Vysshaya Liga season, the second level of ice hockey in Russia.
| Club | Sp | S | U | N | T | GT | Pts | |
|---|---|---|---|---|---|---|---|---|
| 1. | Torpedo Nischni Nowgorod | 36 | 26 | 3 | 7 | 135 | 62 | 55 |
| 2. | Kristall Elektrostal | 36 | 24 | 3 | 9 | 137 | 87 | 51 |
| 3. | HK Sibir Nowosibirsk | 36 | 21 | 4 | 11 | 108 | 86 | 46 |
| 4. | Neftjanik Almetjewsk | 36 | 20 | 4 | 12 | 136 | 88 | 44 |
| 5. | HK ZSKA Moskau | 36 | 19 | 3 | 14 | 153 | 87 | 41 |
| 6. | Dinamo-Energija Jekaterinburg | 36 | 20 | 1 | 15 | 164 | 115 | 41 |
| 7 | Diselist Pensa | 36 | 14 | 3 | 19 | 98 | 110 | 31 |
| 8. | HK Woronesch | 36 | 11 | 6 | 19 | 102 | 107 | 28 |
| 9. | Kristall Saratow | 36 | 6 | 1 | 29 | 68 | 226 | 13 |
| 10. | THK Twer | 36 | 5 | 0 | 31 | 78 | 211 | 10 |