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| 1st(1st leg) | América de Cali | - | Atlético Mineiro | 4:3 | ||
| 2nd (2nd leg) | Atlético Mineiro | - | América de Cali | 4:3 pso | ||
| 1st(1st leg): 29/11/1995 | 2nd (2nd leg): 06/12/1995 | Winner: Atlético Mineiro | ||||
| 1st(1st leg) | Atlético Colegiales | - | Rosario Central | 0:2 | ||
| 2nd (2nd leg) | Rosario Central | - | Atlético Colegiales | 3:1 | ||
| 1st(1st leg): 30/11/1995 | 2nd (2nd leg): 07/12/1995 | Winner: Rosario Central | ||||
