| 1. Round | 13/08/2003 | Guaraní | - | Libertad | 0:1 | ||||
| 1. Round | 27/08/2003 | Libertad | - | Guaraní | 4:2 pso |  |
|||
| Round of 16 | 01/10/2003 | Libertad | - | Nacional | 3:2 pso | ||||
| Quarter-finals | 22/10/2003 | River Plate | - | Libertad | 2:0 | |
|||
| Quarter-finals | 04/11/2003 | Libertad | - | River Plate | 1:0 |
Brazil