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| H | Neftçi PFK | - | CSKA Moskva | 0:0 (0:0) | ||
| R | CSKA Moskva | - | Neftçi PFK | 2:0 (0:0) | ||
| H: 27.07.2004 16:00 | R: 04.08.2004 18:00 | Sieger: CSKA Moskva | ||||
| H | WIT Georgia | - | Wisła Kraków | 2:8 (1:4) | ||
| R | Wisła Kraków | - | WIT Georgia | 3:0 (2:0) | ||
| H: 27.07.2004 16:00 | R: 04.08.2004 20:15 | Sieger: Wisła Kraków | ||||
| H | Pyunik FC | - | Shakhtar Donetsk | 1:3 (0:1) | ||
| R | Shakhtar Donetsk | - | Pyunik FC | 1:0 (1:0) | ||
| H: 27.07.2004 18:00 | R: 04.08.2004 18:00 | Sieger: Shakhtar Donetsk | ||||
| H | HJK Helsinki | - | Maccabi Tel Aviv | 0:0 (0:0) | ||
| R | Maccabi Tel Aviv | - | HJK Helsinki | 1:0 (0:0) | ||
| H: 27.07.2004 18:00 | R: 04.08.2004 18:00 | Sieger: Maccabi Tel Aviv | ||||
| H | KF Tiranë | - | Ferencvárosi TC | 2:3 (0:1) | ||
| R | Ferencvárosi TC | - | KF Tiranë | 0:1 (0:1) | ||
| H: 27.07.2004 18:00 | R: 04.08.2004 20:30 | Sieger: Ferencvárosi TC | ||||
| H | ND Gorica | - | FC København | 1:2 (0:1) | ||
| R | FC København | - | ND Gorica | 0:5 (0:3) | ||
| H: 27.07.2004 20:15 | R: 04.08.2004 20:00 | Sieger: ND Gorica | ||||
| H | APOEL Nikosia | - | AC Sparta Praha | 2:2 (1:0) | ||
| R | AC Sparta Praha | - | APOEL Nikosia | 2:1 (1:0) | ||
| H: 28.07.2004 19:00 | R: 04.08.2004 20:00 | Sieger: AC Sparta Praha | ||||
| H | Skonto FC | - | Trabzonspor | 1:1 (0:0) | ||
| R | Trabzonspor | - | Skonto FC | 3:0 (0:0) | ||
| H: 28.07.2004 19:30 | R: 04.08.2004 18:30 | Sieger: Trabzonspor | ||||
| H | MŠK Žilina | - | Dinamo Bucureşti | 0:1 (0:0) | ||
| R | Dinamo Bucureşti | - | MŠK Žilina | 1:0 (1:0) | ||
| H: 28.07.2004 20:00 | R: 04.08.2004 20:00 | Sieger: Dinamo Bucureşti | ||||
| H | BSC Young Boys | - | Crvena Zvezda | 2:2 (1:0) | ||
| R | Crvena Zvezda | - | BSC Young Boys | 3:0 (1:0) | ||
| H: 28.07.2004 20:15 | R: 04.08.2004 20:15 | Sieger: Crvena Zvezda | ||||
| H | Club Brugge KV | - | Lokomotiv Plovdiv | 2:0 (0:0) | ||
| R | Lokomotiv Plovdiv | - | Club Brugge KV | 0:4 (0:2) | ||
| H: 28.07.2004 20:30 | R: 04.08.2004 20:00 | Sieger: Club Brugge KV | ||||
| H | Hajduk Split | - | Shelbourne FC | 3:2 (1:1) | ||
| R | Shelbourne FC | - | Hajduk Split | 2:0 (0:0) | ||
| H: 28.07.2004 20:30 | R: 04.08.2004 20:00 | Sieger: Shelbourne FC | ||||
| H | Rosenborg BK | - | FC Sheriff | 2:1 (1:1) | ||
| R | FC Sheriff | - | Rosenborg BK | 0:2 (0:2) | ||
| H: 28.07.2004 20:45 | R: 04.08.2004 19:00 | Sieger: Rosenborg BK | ||||
| H | Djurgårdens IF | - | FBK Kaunas | 0:0 (0:0) | ||
| R | FBK Kaunas | - | Djurgårdens IF | 0:2 (0:1) | ||
| H: 28.07.2004 20:45 | R: 04.08.2004 20:15 | Sieger: Djurgårdens IF | ||||
