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| 1st(1st leg) | LDU Quito | - | Independiente | 2:0 (1:0) | ||
| 2nd (2nd leg) | Independiente | - | LDU Quito | 1:0 (1:0) | ||
| 1st(1st leg): 28/09/2011 23:15 | 2nd (2nd leg): 13/10/2011 01:15 | Winner: LDU Quito | ||||
| 1st(1st leg) | Club Olimpia | - | Arsenal de Sarandí | 0:0 (0:0) | ||
| 2nd (2nd leg) | Arsenal de Sarandí | - | Club Olimpia | 3:2 (2:2) | ||
| 1st(1st leg): 29/09/2011 23:15 | 2nd (2nd leg): 19/10/2011 22:10 | Winner: Arsenal de Sarandí | ||||
| 1st(1st leg) | Godoy Cruz | - | Universitario de Deportes | 1:1 (0:0) | ||
| 2nd (2nd leg) | Universitario de Deportes | - | Godoy Cruz | 3:2 (0:1, 1:1, 1:1) pso | ||
| 1st(1st leg): 30/09/2011 01:30 | 2nd (2nd leg): 21/10/2011 01:45 | Winner: Universitario de Deportes | ||||
| 1st(1st leg) | Botafogo - RJ | - | Santa Fe | 1:1 (0:1) | ||
| 2nd (2nd leg) | Santa Fe | - | Botafogo - RJ | 4:1 (3:0) | ||
| 1st(1st leg): 30/09/2011 01:30 | 2nd (2nd leg): 26/10/2011 01:10 | Winner: Santa Fe | ||||
| 1st(1st leg) | Universidad Católica | - | Vélez Sarsfield | 0:2 (0:2) | ||
| 2nd (2nd leg) | Vélez Sarsfield | - | Universidad Católica | 1:1 (0:1) | ||
| 1st(1st leg): 05/10/2011 23:15 | 2nd (2nd leg): 20/10/2011 23:15 | Winner: Vélez Sarsfield | ||||
| 1st(1st leg) | Club Aurora | - | Vasco da Gama - RJ | 3:1 (0:1) | ||
| 2nd (2nd leg) | Vasco da Gama - RJ | - | Club Aurora | 8:3 (3:1) | ||
| 1st(1st leg): 06/10/2011 01:50 | 2nd (2nd leg): 26/10/2011 22:10 | Winner: Vasco da Gama - RJ | ||||
| 1st(1st leg) | São Paulo FC | - | Libertad | 1:0 (0:0) | ||
| 2nd (2nd leg) | Libertad | - | São Paulo FC | 2:0 (1:0) | ||
| 1st(1st leg): 20/10/2011 00:50 | 2nd (2nd leg): 27/10/2011 00:50 | Winner: Libertad | ||||
| 1st(1st leg) | Flamengo RJ | - | Universidad de Chile | 0:4 (0:3) | ||
| 2nd (2nd leg) | Universidad de Chile | - | Flamengo RJ | 1:0 (1:0) | ||
| 1st(1st leg): 20/10/2011 00:50 | 2nd (2nd leg): 27/10/2011 00:50 | Winner: Universidad de Chile | ||||
