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| U | Santos FC | - | Cienciano | 1:1 (0:0) | ||
| R | Cienciano | - | Santos FC | 2:1 (2:1) | ||
| U: 16.10.2003 | R: 29.10.2003 | Winnaars: Cienciano | ||||
| U | Boca Juniors | - | Atlético Nacional | 0:1 (0:0) | ||
| R | Atlético Nacional | - | Boca Juniors | 4:1 (2:1) | ||
| U: 22.10.2003 | R: 05.11.2003 | Winnaars: Atlético Nacional | ||||
| U | River Plate | - | Libertad | 2:0 (1:0) | ||
| R | Libertad | - | River Plate | 1:0 (0:0) | ||
| U: 23.10.2003 | R: 05.11.2003 | Winnaars: River Plate | ||||
| U | The Strongest | - | São Paulo FC | 1:4 (0:1) | ||
| R | São Paulo FC | - | The Strongest | 3:1 (3:1) | ||
| U: 29.10.2003 | R: 12.11.2003 | Winnaars: São Paulo FC | ||||
