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| 1st(1st leg) | Vasco da Gama - RJ | - | Universidad de Chile | 1:1 (1:0) | ||
| 2nd (2nd leg) | Universidad de Chile | - | Vasco da Gama - RJ | 2:0 (1:0) | ||
| 1st(1st leg): 23/11/2011 23:50 | 2nd (2nd leg): 30/11/2011 23:50 | Winner: Universidad de Chile | ||||
| 1st(1st leg) | LDU Quito | - | Vélez Sarsfield | 2:0 (0:0) | ||
| 2nd (2nd leg) | Vélez Sarsfield | - | LDU Quito | 0:1 (0:0) | ||
| 1st(1st leg): 25/11/2011 00:15 | 2nd (2nd leg): 30/11/2011 00:15 | Winner: LDU Quito | ||||
