Club Nacional knocked PSV Eindhoven out on penalties 7-6, after a 2-2 draw. Santiago Ostolaza scored 2 goals.

1. 0'
   ⚽Kick-off
   Copa Intercontinental 1988
   Referee: Jesús Díaz Palácios📍 National Stadium (1958-2014)Attendance: 62,000
2. 1. First half
   2. 7'
      URU
      GOOOAL!SOSantiago Ostolaza
3. 1. Second half
   2. 75'
      NED
      GOOOAL!RORomário
4. 1. Extra time
   2. 110'
      NED
      GOOOAL!RKRonald KoemanPenalty
   3. 119'
      URU
      GOOOAL!SOSantiago Ostolaza
5. 1. Penalties
   2. 120+1'
      URU
      GOOOAL!TGTony GómezPenalty shootout
   3. 120+2'
      NED
      GOOOAL!RORomárioPenalty shootout
   4. 120+3'
      URU
      GOOOAL!WCWilliam CastroPenalty shootout
   5. 120+4'
      NED
      Shootout miss
      SLSøren Lerby
   6. 120+5'
      URU
      GOOOAL!HLHugo De LeónPenalty shootout
   7. 120+6'
      NED
      GOOOAL!JEJuul EllermanPenalty shootout
   8. 120+7'
      URU
      GOOOAL!JLJuan de LimaPenalty shootout
   9. 120+8'
      NED
      GOOOAL!SVStan ValckxPenalty shootout
   10. 120+9'
       URU
       GOOOAL!FRFelipe RevélezPenalty shootout
   11. 120+10'
       NED
       Shootout miss
       EGEric Gerets
   12. 120+11'
       URU
       Shootout miss
       JSJosé Pintos Saldanha
   13. 120+12'
       NED
       GOOOAL!AKAdick KootPenalty shootout
   14. 120+13'
       URU
       GOOOAL!SOSantiago OstolazaPenalty shootout
   15. 120+14'
       NED
       Shootout miss
       BABerry van Aerle
   16. 120+15'
       URU
       Shootout miss
       HMHéctor Morán
   17. 120+16'
       NED
       GOOOAL!HGHans GillhausPenalty shootout
   18. 120+17'
       NED
       GOOOAL!RKRonald KoemanPenalty shootout
   19. 120+18'
       URU
       GOOOAL!YLYubert LemosPenalty shootout
   20. 120+19'
       NED
       Shootout miss
       WKWim Kieft
   21. 120+20'
       URU
       Shootout miss
       DCDaniel Carreño