| Group 3 | 11/02/1970 | Guaraní | - | Club Olimpia | 1:0 | ||||
| Group 3 | 18/02/1970 | Club Olimpia | - | Rangers | 5:1 | ||||
| Group 3 | 22/02/1970 | Club Olimpia | - | Universidad de Chile | 1:1 | ||||
| Group 3 | 05/03/1970 | Deportivo Cali | - | Club Olimpia | 0:1 | ||||
| Group 3 | 08/03/1970 | América de Cali | - | Club Olimpia | 1:1 | ||||
| Group 3 | 02/04/1970 | Rangers | - | Club Olimpia | 4:4 |
Argentina