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| U | Deportes Quindío | - | Sampaio Corrêa - MA | 0:1 | ||
| R | Sampaio Corrêa - MA | - | Deportes Quindío | 1:0 | ||
| U: 05.08.1998 | R: 11.08.1998 | Winnaars: Sampaio Corrêa - MA | ||||
| U | LDU Quito | - | Santos FC | 2:2 | ||
| R | Santos FC | - | LDU Quito | 3:0 | ||
| U: 05.08.1998 | R: 11.08.1998 | Winnaars: Santos FC | ||||
| U | Atlético Mineiro | - | Jorge Wilstermann | 3:1 | ||
| R | Jorge Wilstermann | - | Atlético Mineiro | 0:1 | ||
| U: 05.08.1998 | R: 11.08.1998 | Winnaars: Atlético Mineiro | ||||
| U | Huracán Buceo | - | Rosario Central | 2:3 | ||
| R | Rosario Central | - | Huracán Buceo | 2:0 | ||
| U: 05.08.1998 | R: 11.08.1998 | Winnaars: Rosario Central | ||||
