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| 1st(1st leg) | Rosario Central | - | Cobreloa | 2:0 | ||
| 2nd (2nd leg) | Cobreloa | - | Rosario Central | 1:3 | ||
| 1st(1st leg): 09/11/1995 | 2nd (2nd leg): 22/11/1995 | Winner: Rosario Central | ||||
| 1st(1st leg) | Atlético Mineiro | - | Mineros de Guayana | 6:0 | ||
| 2nd (2nd leg) | Mineros de Guayana | - | Atlético Mineiro | 0:4 | ||
| 1st(1st leg): 14/11/1995 | 2nd (2nd leg): 21/11/1995 | Winner: Atlético Mineiro | ||||
| 1st(1st leg) | Corinthians SP | - | América de Cali | 2:1 | ||
| 2nd (2nd leg) | América de Cali | - | Corinthians SP | 3:1 | ||
| 1st(1st leg): 15/11/1995 | 2nd (2nd leg): 22/11/1995 | Winner: América de Cali | ||||
| 1st(1st leg) | Sud América | - | Atlético Colegiales | 0:1 | ||
| 2nd (2nd leg) | Atlético Colegiales | - | Sud América | 4:3 pso | ||
| 1st(1st leg): 15/11/1995 | 2nd (2nd leg): 22/11/1995 | Winner: Atlético Colegiales | ||||
