Saturday 23 March 1946 at Vetch Field (Att 25,935)

Swansea Town (2) 2 (Ford 28 44): Graham Davies, Gordon Davies, Fister, Burns, Weston, Paul, Jones, Sneddon, Ford, Payne, Comley.
Wolves (3) 5 (Westcott 8, Dorsett 35 88, King 39, McIntosh 73): B Williams, Morris, McLean, Galley, Cullis, Wright, W Crook, McIntosh, Westcott, Dorsett, King.

Referee: Mr F Lowe (Bristol).
Order of Goals: W,s,W,W,s,W,W.