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| 1st(1st leg) | UD Las Palmas | - | Atlético Madrid | 0:0 (0:0) | ||
| 2nd (2nd leg) | Atlético Madrid | - | UD Las Palmas | 2:0 (0:0) | ||
| 1st(1st leg): 25/01/1995 | 2nd (2nd leg): 01/02/1995 | Winner: Atlético Madrid | ||||
| 1st(1st leg) | CD Leganés | - | CD Badajoz | 0:2 (0:1) | ||
| 2nd (2nd leg) | CD Badajoz | - | CD Leganés | 1:1 (0:0) | ||
| 1st(1st leg): 25/01/1995 | 2nd (2nd leg): 01/02/1995 | Winner: CD Badajoz | ||||
| 1st(1st leg) | UE Lleida | - | SD Compostela | 2:0 (1:0) | ||
| 2nd (2nd leg) | SD Compostela | - | UE Lleida | 1:1 (1:1) | ||
| 1st(1st leg): 25/01/1995 | 2nd (2nd leg): 01/02/1995 | Winner: UE Lleida | ||||
| 1st(1st leg) | RCD Mallorca | - | RC Celta | 2:1 (1:0) | ||
| 2nd (2nd leg) | RC Celta | - | RCD Mallorca | 0:0 (0:0) | ||
| 1st(1st leg): 25/01/1995 | 2nd (2nd leg): 01/02/1995 | Winner: RCD Mallorca | ||||
| 1st(1st leg) | Palamós CF | - | Villarreal CF | 2:1 (0:0) | ||
| 2nd (2nd leg) | Villarreal CF | - | Palamós CF | 0:0 (0:0) | ||
| 1st(1st leg): 25/01/1995 | 2nd (2nd leg): 01/02/1995 | Winner: Palamós CF | ||||
| 1st(1st leg) | Rayo Vallecano | - | Racing Santander | 0:1 (0:1) | ||
| 2nd (2nd leg) | Racing Santander | - | Rayo Vallecano | 1:2 (0:0) | ||
| 1st(1st leg): 25/01/1995 | 2nd (2nd leg): 01/02/1995 | Winner: Rayo Vallecano | ||||
| 1st(1st leg) | UD Salamanca | - | Valencia CF | 2:1 (2:1) | ||
| 2nd (2nd leg) | Valencia CF | - | UD Salamanca | 3:0 (1:0) | ||
| 1st(1st leg): 25/01/1995 | 2nd (2nd leg): 01/02/1995 | Winner: Valencia CF | ||||
| 1st(1st leg) | Sestao SC | - | Albacete | 1:2 (1:0) | ||
| 2nd (2nd leg) | Albacete | - | Sestao SC | 1:0 (1:0) | ||
| 1st(1st leg): 25/01/1995 | 2nd (2nd leg): 01/02/1995 | Winner: Albacete | ||||
| 1st(1st leg) | Sevilla FC | - | Sporting Gijón | 2:1 (0:0) | ||
| 2nd (2nd leg) | Sporting Gijón | - | Sevilla FC | 3:1 (2:0) | ||
| 1st(1st leg): 25/01/1995 | 2nd (2nd leg): 01/02/1995 | Winner: Sporting Gijón | ||||
| 1st(1st leg) | CD Toledo | - | Real Valladolid | 3:0 (2:0) | ||
| 2nd (2nd leg) | Real Valladolid | - | CD Toledo | 2:0 (0:0) | ||
| 1st(1st leg): 25/01/1995 | 2nd (2nd leg): 01/02/1995 | Winner: CD Toledo | ||||
| 1st(1st leg) | Real Sociedad | - | Real Betis | 0:1 (0:0) | ||
| 2nd (2nd leg) | Real Betis | - | Real Sociedad | 3:1 (0:0) | ||
| 1st(1st leg): 26/01/1995 | 2nd (2nd leg): 02/02/1995 | Winner: Real Betis | ||||
