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| 1st(1st leg) | River Plate | - | América de Cali | 2:1 (1:0) | ||
| 2nd (2nd leg) | América de Cali | - | River Plate | 4:1 (2:0) | ||
| 1st(1st leg): 21/05/2003 01:10 | 2nd (2nd leg): 28/05/2003 01:40 | Winner: América de Cali | ||||
| 1st(1st leg) | Cruz Azul | - | Santos FC | 2:2 (1:1) | ||
| 2nd (2nd leg) | Santos FC | - | Cruz Azul | 1:0 (1:0) | ||
| 1st(1st leg): 22/05/2003 01:40 | 2nd (2nd leg): 29/05/2003 01:40 | Winner: Santos FC | ||||
| 1st(1st leg) | Cobreloa | - | Boca Juniors | 1:2 (1:1) | ||
| 2nd (2nd leg) | Boca Juniors | - | Cobreloa | 2:1 (2:1) | ||
| 1st(1st leg): 22/05/2003 01:40 | 2nd (2nd leg): 28/05/2003 23:10 | Winner: Boca Juniors | ||||
| 1st(1st leg) | Grêmio Porto Alegre | - | Independiente Medellín | 2:2 (2:2) | ||
| 2nd (2nd leg) | Independiente Medellín | - | Grêmio Porto Alegre | 2:1 (1:1) | ||
| 1st(1st leg): 23/05/2003 01:10 | 2nd (2nd leg): 30/05/2003 01:40 | Winner: Independiente Medellín | ||||
