| 13.11.1953 | Kairo | Nacional | 20 000 |
| Egypt | 1:2(1:0) | Italy |
| Ahmed Kato, Yakan Hussein, Sayed Abougreisha, Hamza Abdel Moula, Hanafi Bastan(c), Helmi Aboul Maati, Ahmed Mekkawi, Essam Baheeg, Mohamed Diab El-Attar (DIBA), Sherif El-Far, Ahmed Abou Hussein | Costagliola Leonardo, Magnini Ardico, Cervato Sergio, Chiappella Giuseppe, Rosetta Francesco, Segato Armando, Muccinelli Ermes, Vivolo Pasquale, Boniperti Gianpiero(c), Gratton Guido, Frignani Amleto |
| Coach:Abdel Rahman Fawzi | Lajos Czeizler |
| Scorers:23' Mohamed Diab El-Attar (DIBA) | 62' Frignani Amleto, 79' Muccinelli Ermes |
| Substitutions:42' in Kadura out Ahmed Abou Hussein |   |
| Referee:Carl Erich Steiner (AUT) | Assistant referee:Friedrich Seipelt (AUT), Rudolf Roman (AUT) |