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| H | Vélez Sarsfield | - | Club Olimpia | 3:4 | ||
| R | Club Olimpia | - | Vélez Sarsfield | 2:1 | ||
| H: 27.10.1998 | R: 04.11.1998 | Sieger: Club Olimpia | ||||
| H | River Plate | - | Cruzeiro | 1:2 | ||
| R | Cruzeiro | - | River Plate | 2:0 | ||
| H: 28.10.1998 | R: 05.11.1998 | Sieger: Cruzeiro | ||||
| H | San Lorenzo | - | Racing Club | 0:0 | ||
| R | Racing Club | - | San Lorenzo | 1:1 | ||
| H: 29.10.1998 | R: 05.11.1998 | Sieger: San Lorenzo | ||||
| H | Palmeiras | - | Boca Juniors | 3:1 | ||
| R | Boca Juniors | - | Palmeiras | 1:1 | ||
| H: 29.10.1998 | R: 05.11.1998 | Sieger: Palmeiras | ||||
