| 21.06.1981 | Santiago | Nacional | 75 075 |
| Chile | 3:0(3:0) | Paraguay |
| Osben Mario, Garrido Lizardo, Soto Mario, Valenzuela Rene, Bigorra Vladimir, Dubo Rodolfo, Neira Miguel Angel, Rojas Manuel, Yanez Patricio, Caszely Carlos, Moscoso Gustavo | Almeida Ever, Solalinde Alicio, Paredes Roberto, Aifuch Segundino, Torales Juan Bautista, Kiese Carlos Alberto, Isasi Evaristo, Benitez Gustavo, Rivera Francisco, Michelagnoli Miguel, Florentin Aldo |
| Coach:Santibáñez Luis | José Sasía (URU) |
| Scorers:11' Caszely Carlos, 12' Yanez Patricio, 28' Neira Miguel Angel |   |
| Substitutions:67' in Herrera Oscar out Yanez Patricio | 46' in Aquino Osvaldo out Rivera Francisco, 53' in Schettina Vladimiro out Benitez Gustavo |
| Cautions:Rojas Manuel | 12' Benitez Gustavo, 23' Kiese Carlos Alberto, 36' Solalinde Alicio |
| Expulsions: | 49' Michelagnoli Miguel |
| Referee:Romualdo Arppi Filho (BRA) | Assistant referee:Oscar Scolfaro (BRA), Jose Roberto Wright (BRA) |