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| H | AEK Athen | - | Akademisk BK | 0:0 (0:0) | ||
| R | Akademisk BK | - | AEK Athen | 0:2 (0:1) | ||
| H: 13.11.1968 | R: 27.11.1968 | Sieger: AEK Athen | ||||
| H | Manchester United | - | RSC Anderlecht | 3:0 (0:0) | ||
| R | RSC Anderlecht | - | Manchester United | 3:1 (1:1) | ||
| H: 13.11.1968 | R: 27.11.1968 | Sieger: Manchester United | ||||
| H | Celtic FC | - | Crvena Zvezda | 5:1 (1:1) | ||
| R | Crvena Zvezda | - | Celtic FC | 1:1 (0:0) | ||
| H: 13.11.1968 | R: 27.11.1968 | Sieger: Celtic FC | ||||
| H | AFC Ajax | - | Fenerbahçe | 2:0 (1:0) | ||
| R | Fenerbahçe | - | AFC Ajax | 0:2 (0:0) | ||
| H: 13.11.1968 | R: 28.11.1968 | Sieger: AFC Ajax | ||||
| H | FC Reipas Lahti (old) | - | TJ Spartak TAZ Trnava | 1:9 (0:3) | ||
| R | TJ Spartak TAZ Trnava | - | FC Reipas Lahti (old) | 7:1 (4:0) | ||
| H: 20.11.1968 | R: 27.11.1968 | Sieger: TJ Spartak TAZ Trnava | ||||
| H | Rapid Wien | - | Real Madrid | 1:0 (0:0) | ||
| R | Real Madrid | - | Rapid Wien | 2:1 (1:0) | ||
| H: 20.11.1968 | R: 04.12.1968 | Sieger: Rapid Wien | ||||
