| 15.02.1981 | La Paz | Olympic | 40 000 |
| Bolivia | 3:0(1:0) | Venezuela |
| Jimenez Carlos Conrado, Trigo Juan Carlos, Espinosa Erwin, Vaca Edgar, Del Llano Windsor, Romero Erwin, Angulo Eduardo, Aragones Carlos, Borja Carlos Fernando, Aguilar Miguel, Taborga Gaston | Vicente Vega, Omar Ochoa, Pedro Acosta, Pedro Castro, Emilio Campos, Juan José Scarpeccio, René Torres, Asdrúbal Sánchez, Ángel Castillo, Iván García, William Castillo |
| Coach:Ramiro Blacutt | Walter Roque (URU) |
| Scorers:37' Aguilar Miguel, 67' Aragones Carlos, 83' Reynaldo Jesus |   |
| Substitutions:30' in Reynaldo Jesus out Taborga Gaston | 69' in Jordan Aguirre out Juan José Scarpeccio, 90' in Vicente Flores out William Castillo |
| Cautions:20' Carlos Aragonés, 63' Juan Carlos Trigo | 71' Jordan Aguirre, 73' Juan José Scarpeccio, 80' Vicente Vega |
| Expulsions:83' Eduardo Angulo | 83' Ángel Castillo |
| Referee:Valdez Barrios Francisco (PAR) | Assistant referee:Carlos Maciel (PAR), Hector Ortiz (PAR) |