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| 1st(1st leg) | Libertad | - | Universidad de Chile | 1:1 (1:0) | ||
| 2nd (2nd leg) | Universidad de Chile | - | Libertad | 5:3 (1:1, 1:1, 1:1) pso | ||
| 1st(1st leg): 16/05/2012 23:30 | 2nd (2nd leg): 25/05/2012 02:30 | Winner: Universidad de Chile | ||||
| 1st(1st leg) | Vasco da Gama - RJ | - | Corinthians SP | 0:0 (0:0) | ||
| 2nd (2nd leg) | Corinthians SP | - | Vasco da Gama - RJ | 1:0 (0:0) | ||
| 1st(1st leg): 17/05/2012 01:50 | 2nd (2nd leg): 24/05/2012 02:00 | Winner: Corinthians SP | ||||
| 1st(1st leg) | Boca Juniors | - | Fluminense RJ | 1:0 (0:0) | ||
| 2nd (2nd leg) | Fluminense RJ | - | Boca Juniors | 1:1 (1:0) | ||
| 1st(1st leg): 17/05/2012 23:45 | 2nd (2nd leg): 23/05/2012 23:30 | Winner: Boca Juniors | ||||
| 1st(1st leg) | Vélez Sarsfield | - | Santos FC | 1:0 (1:0) | ||
| 2nd (2nd leg) | Santos FC | - | Vélez Sarsfield | 4:2 (0:0, 1:0, 1:0) pso | ||
| 1st(1st leg): 18/05/2012 02:00 | 2nd (2nd leg): 25/05/2012 00:00 | Winner: Santos FC | ||||
