See main article: 2003–04 ULEB Cup. The 2003–04 ULEB Cup Semi finals basketball statistics are here. The 2003–04 ULEB Cup was the second season of Europe's secondary level professional club basketball tournament, the ULEB Cup, which is organised by Euroleague Basketball.
| width=50 | width=160 align=right | Home Team | width=100 | Score | width=160 align=left | Away Team | width=100 | Venue | width=200 align=left | Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Game 1 | 70 - 69 |  Hapoel Jerusalem | Belgrade | March 23, 2004 | |||||||
| Game 2 | Hapoel Jerusalem | 79 - 76 | BC Reflex | Jerusalem | March 30, 2004 |
| width=50 | width=160 align=right | Home Team | width=100 | Score | width=160 align=left | Away Team | width=100 | Venue | width=200 align=left | Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Game 1 | Adecco Estudiantes  | 75 - 83 | Real Madrid | Madrid | March 23, 2004 | ||||||
| Game 2 | Real Madrid | 82 - 73 | Adecco Estudiantes | Madrid | March 30, 2004 |