series
| Aug. 3, 1988 | CL | 1988 | 5 | Club Guaraní | 4 - 1 | SC Recife | 1 | |
| July 2, 1988 | CL | 1988 | 5 | Club Guaraní | 1 - 0 | SC Recife | 2 |
scoreboard
| CL | 1988 | 3 | América de Cali | 0 - 0 | Nacional | 1 | |
| CL | 1988 | 5 | Alianza Lima | 0 - 0 | Universitario | 1 |
| Aug. 3, 1988 | CL | 1988 | 5 | Club Guaraní | 4 - 1 | SC Recife | 1 | |
| July 2, 1988 | CL | 1988 | 5 | Club Guaraní | 1 - 0 | SC Recife | 2 |
| CL | 1988 | 3 | América de Cali | 0 - 0 | Nacional | 1 | |
| CL | 1988 | 5 | Alianza Lima | 0 - 0 | Universitario | 1 |