The match was contested by Vélez Sársfield, winners of the 1994 Copa Libertadores, and Independiente, winners of the 1994 Supercopa Sudamericana, on April 9, 1995. Independiente surprisingly defeated Carlos Bianchi's Vélez Sársfield 0-1 to lift the trophy for the first time. Paraguayan Juan Escobar Valdez became the first referee to direct two consecutive finals and three, in total, of the competition.[2]