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| 1st(1st leg) | Universidad de Chile | - | Defensor Sporting | 3:2 (3:1) | ||
| 2nd (2nd leg) | Defensor Sporting | - | Universidad de Chile | 6:7 (1:1, 2:1, 2:1) pso | ||
| 1st(1st leg): 30/04/1996 | 2nd (2nd leg): 09/05/1996 | Winner: Universidad de Chile | ||||
| 1st(1st leg) | Cerro Porteño | - | Atlético Junior | 0:0 (0:0) | ||
| 2nd (2nd leg) | Atlético Junior | - | Cerro Porteño | 1:0 (1:0) | ||
| 1st(1st leg): 30/04/1996 | 2nd (2nd leg): 08/05/1996 | Winner: Atlético Junior | ||||
| 1st(1st leg) | Botafogo - RJ | - | Grêmio Porto Alegre | 1:1 (0:0) | ||
| 2nd (2nd leg) | Grêmio Porto Alegre | - | Botafogo - RJ | 2:0 (1:0) | ||
| 1st(1st leg): 01/05/1996 | 2nd (2nd leg): 08/05/1996 | Winner: Grêmio Porto Alegre | ||||
| 1st(1st leg) | Minervén FC | - | América de Cali | 1:1 (0:1) | ||
| 2nd (2nd leg) | América de Cali | - | Minervén FC | 4:1 (1:0) | ||
| 1st(1st leg): 01/05/1996 | 2nd (2nd leg): 08/05/1996 | Winner: América de Cali | ||||
| 1st(1st leg) | Sporting Cristal | - | River Plate | 2:1 (2:0) | ||
| 2nd (2nd leg) | River Plate | - | Sporting Cristal | 5:2 (4:0) | ||
| 1st(1st leg): 01/05/1996 | 2nd (2nd leg): 08/05/1996 | Winner: River Plate | ||||
| 1st(1st leg) | San José | - | Barcelona | 1:0 (1:0) | ||
| 2nd (2nd leg) | Barcelona | - | San José | 4:2 (0:0, 2:1) aet | ||
| 1st(1st leg): 01/05/1996 | 2nd (2nd leg): 08/05/1996 | Winner: Barcelona | ||||
| 1st(1st leg) | Espoli | - | Corinthians SP | 1:3 (1:2) | ||
| 2nd (2nd leg) | Corinthians SP | - | Espoli | 2:0 (1:0) | ||
| 1st(1st leg): 01/05/1996 | 2nd (2nd leg): 08/05/1996 | Winner: Corinthians SP | ||||
| 1st(1st leg) | San Lorenzo | - | Peñarol | 3:2 (1:0) | ||
| 2nd (2nd leg) | Peñarol | - | San Lorenzo | 1:5 (0:2) | ||
| 1st(1st leg): 02/05/1996 | 2nd (2nd leg): 08/05/1996 | Winner: San Lorenzo | ||||
