Gremio beat Penarol 4-1.

1. 0'
   ⚽Kick-off
   CONMEBOL Libertadores 2003
   Referee: Horacio Elizondo📍 OlímpicoAttendance: 23,217
2. 1. First half
   2. 24'
      BRA
      GOOOAL!CLClaudiomiro
   3. 43'
      BRA
      GOOOAL!CACaio
3. 1. Second half
   2. 46'
      URU
      GOOOAL!JBJoe Bizera
   3. 61'
      BRA
      GOOOAL!GIGilberto
   4. 63'
      BRA
      GOOOAL!ALAnderson Lima