| 17.08.1969 | Asuncion | Defensores del Chaco | 44 480 |
| Paraguay | 0:3(0:0) | Brazil |
| Raimundo Aguilera, Pedro Molina, Sergio Rojas, Valentin Mendoza, Vicente Bobadilla, Pablo Rojas, Dionisio Valdez, Lorenzo Jimenez, Ramon Colman, Aurelio Martinez, Benicio Ferreira | Félix, Carlos Alberto Torres, Djalma Dias, Joel Camargo, Rildo, Piazza, Gérson, Jairzinho, Tostão, Pelé, Edu |
| Coach:José María Rodríguez (URU) | João Saldanha |
| Scorers: | 71' Valentin Mendoza(og), 82' Jairzinho, 90' Edu |
| Cautions:Ramon Colman, Pedro Molina | Rildo, Pelé |
| Referee:Domingo Mazzaro (CHI) | Assistant referee:Carlos Robles (CHI) |