Santos knocked Club Nacional out on penalties 3-1, after a 2-2 draw.

1. 0'
   ⚽Kick-off
   CONMEBOL Libertadores 2003
   Referee: Héctor Baldassi📍 Urbano CaldeiraAttendance: 20,000
2. 1. First half
   2. 8'
      BRA
      GOOOAL!RORicardo Oliveira
   3. 38'
      URU
      GOOOAL!SESebastián Eguren
   4. 41'
      URU
      GOOOAL!FOFabian O'Neill
3. 1. Second half
   2. 64'
      BRA
      Own goalSESebastián Eguren
4. 1. Penalties
   2. 120+1'
      URU
      Shootout miss
      HPHoracio Peralta
   3. 120+2'
      BRA
      GOOOAL!RORicardo OliveiraPenalty shootout
   4. 120+3'
      URU
      Shootout miss
      ÓMÓscar Morales
   5. 120+4'
      BRA
      GOOOAL!ELElanoPenalty shootout
   6. 120+5'
      URU
      GOOOAL!GMGustavo MunúaPenalty shootout
   7. 120+6'
      BRA
      GOOOAL!RERenatoPenalty shootout
   8. 120+7'
      URU
      Shootout miss
      CJCarlos Alberto Juárez