Monday 28 August 1950 at Molineux (Att 46,285)

Wolves (1) 2 (Dunn 45, Pye 78): Williams, McLean, Shorthouse, Crook, Chatham, Wright, Dunn, Walker, Swinbourne, Pye, Mullen.
Derby County (1) 3 (Lee 27 75, Morris 52): Brown, Mosley, Parr, McLachlan, Warr, Musson, Harrison, Stamps, Lee, Morris, Powell.

Referee: Mr G Gibson (Urmston).
Order of Goal: d,W,d,d,W.
Penalty: Awarded for a trip on Johnnie Walker and taken by Jimmy Mullen in 72 minutes. It was saved by Harold Brown.
Position: 10th.