| 17.05.1981 | Guayaquil | Modelo | 55 000 |
| Ecuador | 1:0(0:0) | Paraguay |
| Carlos Delgado, Flavio Perlaza, Ecuador Figueroa, José Páez, Digner Valencia, Belford Párraga, José Villafuerte, Paul 'Polo' Carrera, Wilson Nieves, Mario Tenorio, Lupo Quiñónez | Almeida Ever, Solalinde Alicio, Paredes Roberto, Sosa Flaminio, Torales Juan Bautista, Florentin Aldo, Benitez Gustavo, Romero Julio Cesar, Isasi Evaristo, Diarte Carlos, Aquino Osvaldo |
| Coach:Juan Eduardo Hohberg (URU) | José Sasía (URU) |
| Scorers:49' Lupo Quiñónez |   |
| Substitutions:46' in Orly Klinger out Ecuador Figueroa, 77' in Fabián Fabian out Paul 'Polo' Carrera |
46' in Kiese Carlos Alberto out Benitez Gustavo, 60' in Diaz out Aquino Osvaldo |
| Cautions:84' Lupo Quiñónez | 34' Aldo Florentín, Roberto Paredes |
| Referee:Barrancos Alvarez Luis (BOL) | Assistant referee:Jorge Antequera (BOL), Juan Oscar Ortube (BOL) |