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| I | River Plate | - | América de Cali | 2:1 (1:0) | ||
| V | América de Cali | - | River Plate | 4:1 (2:0) | ||
| I: 21.05.2003 02:10 | V: 28.05.2003 02:40 | Campeones: América de Cali | ||||
| I | Cruz Azul | - | Santos FC | 2:2 (1:1) | ||
| V | Santos FC | - | Cruz Azul | 1:0 (1:0) | ||
| I: 22.05.2003 02:40 | V: 29.05.2003 02:40 | Campeones: Santos FC | ||||
| I | Cobreloa | - | Boca Juniors | 1:2 (1:1) | ||
| V | Boca Juniors | - | Cobreloa | 2:1 (2:1) | ||
| I: 22.05.2003 02:40 | V: 29.05.2003 00:10 | Campeones: Boca Juniors | ||||
| I | Grêmio Porto Alegre | - | Independiente Medellín | 2:2 (2:2) | ||
| V | Independiente Medellín | - | Grêmio Porto Alegre | 2:1 (1:1) | ||
| I: 23.05.2003 02:10 | V: 30.05.2003 02:40 | Campeones: Independiente Medellín | ||||
