Tokyo National Stadium ,1 December 1998
Referee: Mario Sánchez (CHI)
Attendance: 51,514 spectators
Real Madrid 2-1 Vasco da Gama

Goals: Nasa (25' o.g.), Juninho (56'), Raúl (83')

Real Madrid: Illgner, Panucci, Sanchís, Sánz, Roberto Carlos, Hierro, Redondo, Seedorf, Savio (Suker, 89'), Raúl, Mijatovic (Jarni, 89')

Coach: Guus Hiddink

Vasco da Gama: Carlos Germano, Wágner (Víctor, 75'), Odvan, Mauro Galvão, Felipe, Nasa, Luizinho (Guilherme, 85'), Juninho, Ramón (88' Válber) Donizete, Luizão