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| U | Celta de Vigo | - | Arsenal FC | 2:3 (1:1) | ||
| R | Arsenal FC | - | Celta de Vigo | 2:0 (2:0) | ||
| U: 24.02.2004 20:45 | R: 10.03.2004 20:45 | Winnaars: Arsenal FC | ||||
| U | Bayern München | - | Real Madrid | 1:1 (0:0) | ||
| R | Real Madrid | - | Bayern München | 1:0 (1:0) | ||
| U: 24.02.2004 20:45 | R: 10.03.2004 20:45 | Winnaars: Real Madrid | ||||
| U | Sparta Praag | - | AC Milan | 0:0 (0:0) | ||
| R | AC Milan | - | Sparta Praag | 4:1 (1:0) | ||
| U: 24.02.2004 20:45 | R: 10.03.2004 20:45 | Winnaars: AC Milan | ||||
| U | Lokomotiv Moskou | - | AS Monaco | 2:1 (1:0) | ||
| R | AS Monaco | - | Lokomotiv Moskou | 1:0 (0:0) | ||
| U: 24.02.2004 20:45 | R: 10.03.2004 20:45 | Winnaars: AS Monaco | ||||
| U | VfB Stuttgart | - | Chelsea FC | 0:1 (0:1) | ||
| R | Chelsea FC | - | VfB Stuttgart | 0:0 (0:0) | ||
| U: 25.02.2004 20:45 | R: 09.03.2004 20:45 | Winnaars: Chelsea FC | ||||
| U | FC Porto | - | Manchester United | 2:1 (1:1) | ||
| R | Manchester United | - | FC Porto | 1:1 (1:0) | ||
| U: 25.02.2004 20:45 | R: 09.03.2004 20:45 | Winnaars: FC Porto | ||||
| U | Real Sociedad | - | Olympique Lyonnais | 0:1 (0:1) | ||
| R | Olympique Lyonnais | - | Real Sociedad | 1:0 (0:0) | ||
| U: 25.02.2004 20:45 | R: 09.03.2004 20:45 | Winnaars: Olympique Lyonnais | ||||
| U | Deportivo La Coruña | - | Juventus | 1:0 (1:0) | ||
| R | Juventus | - | Deportivo La Coruña | 0:1 (0:1) | ||
| U: 25.02.2004 20:45 | R: 09.03.2004 20:45 | Winnaars: Deportivo La Coruña | ||||
