Wednesday 14 September 1949 at St Andrews (Att 47,000)

Birmingham City (0) 1 (Dailey 48): Merrick, Badham, Green, Dorman, McDonnell, Ferris, Stewart, Brennan, Dailey, McKee, Berry.
Wolves (0) 1 (Dornan 89og): Williams, McLean, Pritchard, Crook, Shorthouse, Wright, Hancocks, Smyth, Pye, Dunn, Mullen.

Referee: Mr A Bond (Fulham).
Order of Goals: b,W.
Position: 1st.