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| 1st(1st leg) | Peñarol | - | Jorge Wilstermann | 7:1 (4:0) | ||
| 2nd (2nd leg) | Jorge Wilstermann | - | Peñarol | 1:1 (0:1) | ||
| 1st(1st leg): 19/04/1960 | 2nd (2nd leg): 30/04/1960 | Winner: Peñarol | ||||
| 1st(1st leg) | San Lorenzo | - | Bahia - BA | 3:0 (0:0) | ||
| 2nd (2nd leg) | Bahia - BA | - | San Lorenzo | 3:2 (2:1) | ||
| 1st(1st leg): 20/04/1960 | 2nd (2nd leg): 03/05/1960 | Winner: San Lorenzo | ||||
| 1st(1st leg) | Universidad de Chile | - | Millonarios | 0:6 (0:2) | ||
| 2nd (2nd leg) | Millonarios | - | Universidad de Chile | 1:0 (0:0) | ||
| 1st(1st leg): 08/05/1960 | 2nd (2nd leg): 15/05/1960 | Winner: Millonarios | ||||
