series
| Aug. 19, 1988 | CL | 1988 | 5 | Alianza Lima | 0 - 1 | Club Guaraní | 1 | |
| July 8, 1988 | CL | 1988 | 5 | Alianza Lima | 2 - 1 | Club Guaraní | 1 |
scoreboard
| CL | 1988 | 1 | Club Sport Marítimo de Venezuela | 0 - 1 | Colo-Colo | 1 | |
| CL | 1988 | 4 | Club Olimpia | 1 - 2 | Oriente Petrolero | 1 | |
| CL | 1988 | 4 | Cerro Porteño | 3 - 2 | Club Bolívar | 1 |