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| I | Everton | - | Arsenal | 0:1 (0:1) | ||
| V | Arsenal | - | Everton | 3:1 (0:0) | ||
| I: 07.02.1988 15:35 | V: 24.02.1988 20:45 | Campeones: Arsenal | ||||
| I | Oxford United | - | Luton Town | 1:1 (0:1) | ||
| V | Luton Town | - | Oxford United | 2:0 (2:0) | ||
| I: 10.02.1988 20:30 | V: 28.02.1988 16:05 | Campeones: Luton Town | ||||
