Saturday 27 November 1948 at Deepdale (Att 30,174)

Preston North End (0) 1 (Langton 46): Newlands, Walton, Scott, W Brown, Corbett, Dougal, McIntosh, Beattie, Morrison, Hannah, Langton.
Wolves (1) 1 (Pye 15): Williams, Kelly, Pritchard, Forbes, Shorthouse, Wright, Hancocks, Dunn, Pye, Smyth, Mullen.

Referee: Mr E Plinston (Warrington).
Injured: Preston were missing England international Tom Finney.
Position: 8th.