| Association |
Team (Berth) |
Qualification method |
Argentina 2 berths |
Gimnasia y Esgrima | 1994–95 Argentine Primera División best team not participating in either the 1995 Supercopa Sudamericana or 1996 Copa Libertadores |
| Rosario Central | 1994–95 Argentine Primera División 2nd best team not participating in either the 1995 Supercopa Sudamericana or 1996 Copa Libertadores |
Bolivia 1 berth |
The Strongest | 1994 Liga de Fútbol Profesional Boliviano 3rd place |
Brazil 4 berths |
Corinthians | 1994 Campeonato Brasileiro Série A runners-up |
| Guarani | 1994 Campeonato Brasileiro Série A 3rd place |
| Atlético Mineiro | 1994 Campeonato Brasileiro Série A 4th place |
| Ceará | 1994 Copa do Brasil runners-up |
Chile 1 berth |
Cobreloa | 1994 Liguilla Pre-Libertadores 2nd place |
Colombia 2 berths |
América de Cali | 1994 Categoría Primera A 3rd place |
| Independiente Medellín | 1994 Categoría Primera A 4th place |
Ecuador 1 berth |
Barcelona | 1994 Campeonato Ecuatoriano de Fútbol Serie A 3rd place of the Liguilla Final |
Paraguay 1 berth |
Colegiales | 1994 Paraguayan Primera División First Stage 4th place |
Peru 1 berth |
Ciclista Lima | 1994 Torneo Descentralizado Torneo Apertura 2nd place |
Uruguay 2 berths |
Defensor Sporting | 1994 Campeonato Uruguayo Primera División Liguilla Pre-Libertadores 3rd place |
| Sud América | 1994 Campeonato Uruguayo Primera División Liguilla Pre-Libertadores 4th place |
Venezuela 1 berth |
Mineros de Guayana | Winner of the tie between the 4th and 5th place in the 1994–95 Venezuelan Primera División |