 |
 |
|
| 1st(1st leg) | São Paulo FC | - | Peñarol | 6:1 | ||
| 2nd (2nd leg) | Peñarol | - | São Paulo FC | 3:0 | ||
| 1st(1st leg): 14/12/1994 | 2nd (2nd leg): 21/12/1994 | Winner: São Paulo FC | ||||
|
|
|
| 1st(1st leg) | São Paulo FC | - | Peñarol | 6:1 | ||
| 2nd (2nd leg) | Peñarol | - | São Paulo FC | 3:0 | ||
| 1st(1st leg): 14/12/1994 | 2nd (2nd leg): 21/12/1994 | Winner: São Paulo FC | ||||
