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| H | Lyn Oslo | - | IFK Norrköping | 2:0 (1:0) | ||
| R | IFK Norrköping | - | Lyn Oslo | 3:2 (1:1) | ||
| H: 31.10.1968 | R: 17.11.1968 | Sieger: Lyn Oslo | ||||
| H | ADO | - | 1. FC Köln | 0:1 (0:0) | ||
| R | 1. FC Köln | - | ADO | 3:0 (1:0) | ||
| H: 12.11.1968 | R: 27.11.1968 | Sieger: 1. FC Köln | ||||
| H | Dinamo Bucureşti | - | West Bromwich Albion | 1:1 (1:1) | ||
| R | West Bromwich Albion | - | Dinamo Bucureşti | 4:0 (2:0) | ||
| H: 13.11.1968 | R: 27.11.1968 | Sieger: West Bromwich Albion | ||||
| H | Randers Freja | - | Sliema Wanderers | 6:0 (2:0) | ||
| R | Sliema Wanderers | - | Randers Freja | 0:2 (0:1) | ||
| H: 13.11.1968 | R: 27.11.1968 | Sieger: Randers Freja | ||||
| H | FC Porto | - | TJ Slovan ChZJD Bratislava | 1:0 (1:0) | ||
| R | TJ Slovan ChZJD Bratislava | - | FC Porto | 4:0 (1:0) | ||
| H: 13.11.1968 | R: 27.11.1968 | Sieger: TJ Slovan ChZJD Bratislava | ||||
| H | Dunfermline Athletic | - | Olympiakos Piraeus | 4:0 (0:0) | ||
| R | Olympiakos Piraeus | - | Dunfermline Athletic | 3:0 (3:0) | ||
| H: 13.11.1968 | R: 27.11.1968 | Sieger: Dunfermline Athletic | ||||
