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| 29/01/1997 | Argentina | - | Venezuela | 3:0 | ||
| Brazil | - | Paraguay | 3:0 | |||
| Chile | - | Uruguay | 2:2 | |||
| 31/01/1997 | Paraguay | - | Venezuela | 2:1 | ||
| Argentina | - | Uruguay | 1:1 | |||
| Chile | - | Brazil | 2:4 | |||
| 02/02/1997 | Venezuela | - | Uruguay | 0:3 | ||
| Argentina | - | Brazil | 2:0 | |||
| Chile | - | Paraguay | 0:0 | |||
| 05/02/1997 | Brazil | - | Venezuela | 2:2 | ||
| Uruguay | - | Paraguay | 1:2 | |||
| Chile | - | Argentina | 0:3 | |||
| 07/02/1997 | Uruguay | - | Brazil | 0:0 | ||
| Argentina | - | Paraguay | 1:1 | |||
| Chile | - | Venezuela | 1:4 |
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