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| 1st(1st leg) | Atlético Nacional | - | Cienciano | 1:2 (0:1) | ||
| 2nd (2nd leg) | Cienciano | - | Atlético Nacional | 1:0 (1:0) | ||
| 1st(1st leg): 13/11/2003 | 2nd (2nd leg): 04/12/2003 | Winner: Cienciano | ||||
| 1st(1st leg) | River Plate | - | São Paulo FC | 3:1 (1:1) | ||
| 2nd (2nd leg) | São Paulo FC | - | River Plate | 2:4 (0:0, 2:0, 2:0) pso | ||
| 1st(1st leg): 26/11/2003 | 2nd (2nd leg): 03/12/2003 | Winner: River Plate | ||||
