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| U | River Plate | - | América de Cali | 2:1 (1:0) | ||
| R | América de Cali | - | River Plate | 4:1 (2:0) | ||
| U: 21.05.2003 02:10 | R: 28.05.2003 02:40 | Winnaars: América de Cali | ||||
| U | Cruz Azul | - | Santos FC | 2:2 (1:1) | ||
| R | Santos FC | - | Cruz Azul | 1:0 (1:0) | ||
| U: 22.05.2003 02:40 | R: 29.05.2003 02:40 | Winnaars: Santos FC | ||||
| U | Cobreloa | - | Boca Juniors | 1:2 (1:1) | ||
| R | Boca Juniors | - | Cobreloa | 2:1 (2:1) | ||
| U: 22.05.2003 02:40 | R: 29.05.2003 00:10 | Winnaars: Boca Juniors | ||||
| U | Grêmio Porto Alegre | - | Independiente Medellín | 2:2 (2:2) | ||
| R | Independiente Medellín | - | Grêmio Porto Alegre | 2:1 (1:1) | ||
| U: 23.05.2003 02:10 | R: 30.05.2003 02:40 | Winnaars: Independiente Medellín | ||||
