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| 1st(1st leg) | AEK Athen | - | Akademisk BK | 0:0 (0:0) | ||
| 2nd (2nd leg) | Akademisk BK | - | AEK Athen | 0:2 (0:1) | ||
| 1st(1st leg): 13/11/1968 | 2nd (2nd leg): 27/11/1968 | Winner: AEK Athen | ||||
| 1st(1st leg) | Manchester United | - | RSC Anderlecht | 3:0 (0:0) | ||
| 2nd (2nd leg) | RSC Anderlecht | - | Manchester United | 3:1 (1:1) | ||
| 1st(1st leg): 13/11/1968 | 2nd (2nd leg): 27/11/1968 | Winner: Manchester United | ||||
| 1st(1st leg) | Celtic FC | - | Crvena Zvezda | 5:1 (1:1) | ||
| 2nd (2nd leg) | Crvena Zvezda | - | Celtic FC | 1:1 (0:0) | ||
| 1st(1st leg): 13/11/1968 | 2nd (2nd leg): 27/11/1968 | Winner: Celtic FC | ||||
| 1st(1st leg) | AFC Ajax | - | Fenerbahçe | 2:0 (1:0) | ||
| 2nd (2nd leg) | Fenerbahçe | - | AFC Ajax | 0:2 (0:0) | ||
| 1st(1st leg): 13/11/1968 | 2nd (2nd leg): 28/11/1968 | Winner: AFC Ajax | ||||
| 1st(1st leg) | FC Reipas Lahti (old) | - | TJ Spartak TAZ Trnava | 1:9 (0:3) | ||
| 2nd (2nd leg) | TJ Spartak TAZ Trnava | - | FC Reipas Lahti (old) | 7:1 (4:0) | ||
| 1st(1st leg): 20/11/1968 | 2nd (2nd leg): 27/11/1968 | Winner: TJ Spartak TAZ Trnava | ||||
| 1st(1st leg) | Rapid Wien | - | Real Madrid | 1:0 (0:0) | ||
| 2nd (2nd leg) | Real Madrid | - | Rapid Wien | 2:1 (1:0) | ||
| 1st(1st leg): 20/11/1968 | 2nd (2nd leg): 04/12/1968 | Winner: Rapid Wien | ||||
