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| 1st(1st leg) | Universitario de Deportes | - | Atlético Mineiro | 0:2 | ||
| 2nd (2nd leg) | Atlético Mineiro | - | Universitario de Deportes | 4:0 | ||
| 1st(1st leg): 23/10/1997 | 2nd (2nd leg): 29/10/1997 | Winner: Atlético Mineiro | ||||
| 1st(1st leg) | Colón de Santa Fe | - | Lanús | 0:2 | ||
| 2nd (2nd leg) | Lanús | - | Colón de Santa Fe | 1:1 | ||
| 1st(1st leg): 23/10/1997 00:00 | 2nd (2nd leg): 30/10/1997 00:00 | Winner: Lanús | ||||
