Alloa boss Barry Smith has released midfielder Darren Young and striker Andy Kirk as he shapes his squad for another season in the Championship.
A total of 11 players have been offered new contracts - Scott Bain, Kevin Cawley, Michael Doyle, Eddie Ferns, Ben Gordon, Graeme Holmes, Ryan McCord, Craig McDowall, Daryll Meggatt, Stephen Simmons and Jonathan Tiffoney.
Willie Robertson and Iain Flannigan have been offered the chance to return for pre-season training while James Creaney and Jason Marr have the chance to prove their fitness during the summer.