| Group H | P | W | D | L | GF | GA | GD | points |
|---|---|---|---|---|---|---|---|---|
 AC Milan | 6 | 3 | 1 | 2 | 4 | 3 | 1 | 10 |
 Celta Vigo | 6 | 2 | 3 | 1 | 7 | 6 | 1 | 9 |
 Club Brugge | 6 | 2 | 2 | 2 | 5 | 6 | -1 | 8 |
 AFC Ajax | 6 | 2 | 0 | 4 | 6 | 7 | -1 | 6 |
Tuesday 9 December 2003 | |||||||
| AC Milan | 1 | - | 2 | Celta Vigo | 19:45 | STATS» | |
| Club Brugge | 2 | - | 1 | AFC Ajax | 19:45 | STATS» | |
Wednesday 26 November 2003 | |||||||
| Celta Vigo | 1 | - | 1 | Club Brugge | 18:45 | STATS» | |
| AFC Ajax | 0 | - | 1 | AC Milan | 18:45 | STATS» | |
Tuesday 4 November 2003 | |||||||
| Club Brugge | 0 | - | 1 | AC Milan | 19:45 | STATS» | |
| Celta Vigo | 3 | - | 2 | AFC Ajax | 19:45 | STATS» | |
Wednesday 22 October 2003 | |||||||
| AC Milan | 0 | - | 1 | Club Brugge | 19:45 | STATS» | |
| AFC Ajax | 1 | - | 0 | Celta Vigo | 19:45 | STATS» | |
Wednesday 1 October 2003 | |||||||
| Celta Vigo | 0 | - | 0 | AC Milan | 19:45 | STATS» | |
| AFC Ajax | 2 | - | 0 | Club Brugge | 19:45 | STATS» | |
Tuesday 16 September 2003 | |||||||
| AC Milan | 1 | - | 0 | AFC Ajax | 19:45 | STATS» | |
| Club Brugge | 1 | - | 1 | Celta Vigo | 19:45 | STATS» | |