Cerro Porteno edged Emelec 2-0 after extra time.

1. 0'
   ⚽Kick-off
   CONMEBOL Libertadores 1995
   Referee: João Paulo Araújo📍 La OllaAttendance: 20,000
2. 1. First half
   2. 28'
      PAR
      GOOOAL!JVJuan Villamayor
3. 1. Second half
   2. 55'
      PAR
      GOOOAL!VFVirgilio Ferreira
4. 1. Penalties
   2. 120+1'
      PAR
      GOOOAL!JVJuan VillamayorPenalty shootout
   3. 120+2'
      ECU
      GOOOAL!AGAntonio Vidal GonzálezPenalty shootout
   4. 120+3'
      PAR
      GOOOAL!LTLilio ToralesPenalty shootout
   5. 120+4'
      ECU
      GOOOAL!IRIvo RonPenalty shootout
   6. 120+5'
      PAR
      GOOOAL!CDCasiano DelvallePenalty shootout
   7. 120+6'
      ECU
      GOOOAL!APAugusto PorosoPenalty shootout
   8. 120+7'
      PAR
      GOOOAL!CGCarlos GamarraPenalty shootout
   9. 120+8'
      ECU
      GOOOAL!KFKleber FajardoPenalty shootout
   10. 120+9'
       PAR
       Shootout miss
       VFVirgilio Ferreira
   11. 120+10'
       ECU
       GOOOAL!IHIván HurtadoPenalty shootout