| 02.07.1980 | Ciudad de Panama | Estadio de la Revolucion | 11 000 |
| Panama | 0:2(0:1) | Guatemala |
| Edelberto Aguirre, Luis Aponte, Héctor Avila, David Berroa, Guillermo Blanford, Omar Campona, Antonio del Rosario, Jorge Méndez, Daniel Montillo, Fernando Samaniego, Tomás Banard | Edgar Jérez, Allan Wellmann, Sergio Rivera, Juan José Monge, Edgar Bolanos, Miguel Ángel Pérez, Julio Gómez, José Mitrovich, Selvin Galindo, Oscar Sánchez, Marco Fion |
| Coach:Luis Borghini | Rubén Amorin |
| Scorers: | 27' Julio Gómez, 49' José Mitrovich |
| Substitutions:54' in Ricardo Paschal out Daniel Montillo, 62' in Virgilio Méndoza out Tomás Banard |
46' in Miguel Ángel Cruz out Selvin Galindo, 75' in Adan Paniagua out Oscar Sánchez |
| Cautions:42' Antonio del Rosario, 76' Daniel Montillo | 41' Selvin Galindo |
| Referee:Robert Evans (USA) | Assistant referee:David Socha (USA), Angelo Bratsis (USA) |