| Group 5 | 03/03/1998 | Alianza Lima | - | Sporting Cristal | 1:0 | ||||
| Group 5 | 11/03/1998 | Alianza Lima | - | River Plate | 1:1 | ||||
| Group 5 | 17/03/1998 | Colón de Santa Fe | - | Alianza Lima | 1:0 | ||||
| Group 5 | 24/03/1998 | Sporting Cristal | - | Alianza Lima | 3:2 | ||||
| Group 5 | 31/03/1998 | Alianza Lima | - | Colón de Santa Fe | 1:0 | ||||
| Group 5 | 08/04/1998 | River Plate | - | Alianza Lima | 2:0 | ||||
| Round of 16 | 21/04/1998 | Alianza Lima | - | Peñarol | 1:0 | ||||
| Round of 16 | 28/04/1998 | Peñarol | - | Alianza Lima | 3:1 pso |
Paraguay