Saturday 1 January 1955 at Molineux (Att 30,880)

Wolves (2) 2 (Mullen 8, Wilshaw 26): Williams, Stuart, Shorthouse, Slater, Russell, Flowers, Smith, Broadbent, Swinbourne, Wilshaw, Mullen.
Portsmouth (1) 2 (Reid 16, Harris 70): Uprichard, McGhee, Mansell, Phillips, Reid, Rickett, Harris, Gordon, Henderson, Barnard, Dale.

Referee: Mr A Hill (Newport, Mon).
Order of Goals: W,p,W,p.
Landmark: Jimmy Mullen nets the 3500th home goal in all Wolves Football League matches.
Position: 2nd.