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| 17.03.2004 | 14:30 | FK KOM Podgorica | - | OFK Beograd | 0:1 | |
| 14:30 | Partizan | - | FK Sutjeska | 3:0 | ||
| 14:30 | FK Obilić | - | Vojvodina | 2:1 | ||
| 14:30 | Borac Čačak | - | FK Smederevo | 0:0 | ||
| 14:30 | FK Zeleznik | - | FK Napredak | 2:1 | ||
| 14:30 | Buducnost Banatski Dvor | - | Hajduk Rodić | 2:1 | ||
| 14:30 | FK Zemun | - | FK Zeta | 1:0 | ||
| 14:30 | Radnički Obrenovac | - | Crvena Zvezda | 0:0 |
| # | Mannschaft | Sp. | S. | U. | N. | Tore | Dif. | Pk. | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
Crvena Zvezda | 20 | 16 | 2 | 2 | 41:7 | 34 | 50 |
| 2 |
|
Partizan | 20 | 14 | 3 | 3 | 40:16 | 24 | 45 |
| 3 |
|
FK Zeleznik | 20 | 11 | 4 | 5 | 29:16 | 13 | 37 |
| 4 |
|
FK Smederevo | 20 | 10 | 6 | 4 | 32:21 | 11 | 36 |
| 5 |
|
OFK Beograd | 20 | 9 | 7 | 4 | 23:20 | 3 | 34 |
| 6 |
|
FK Obilić | 20 | 9 | 3 | 8 | 26:19 | 7 | 30 |
| 7 |
|
Hajduk Rodić | 20 | 9 | 3 | 8 | 22:18 | 4 | 30 |
| 8 |
|
FK Zeta | 20 | 8 | 4 | 8 | 28:27 | 1 | 28 |
| 9 |
|
FK Sutjeska | 20 | 8 | 3 | 9 | 25:24 | 1 | 27 |
| 10 |
|
FK Zemun | 20 | 7 | 5 | 8 | 17:20 | -3 | 26 |
| 11 |
|
Buducnost Banatski Dvor | 20 | 8 | 2 | 10 | 24:33 | -9 | 26 |
| 12 |
|
Vojvodina | 20 | 4 | 8 | 8 | 19:26 | -7 | 20 |
| 13 |
|
Borac Čačak | 20 | 4 | 6 | 10 | 18:35 | -17 | 18 |
| 14 |
|
Radnički Obrenovac | 20 | 2 | 10 | 8 | 16:28 | -12 | 16 |
| 15 |
|
FK KOM Podgorica | 20 | 3 | 2 | 15 | 14:45 | -31 | 11 |
| 16 |
|
FK Napredak | 20 | 2 | 4 | 14 | 15:34 | -19 | 10 |
