| Competition: | Peruvian Segunda División |
| Season: | 1999 |
| Dates: | 12 June – 6 November 1999 |
| Winners: | América Cochahuayco |
| Prevseason: | 1998 |
| Nextseason: | 2000 |
The 1999 Peruvian Segunda División, the second division of Peruvian football (soccer), was played by 12 teams. The tournament winner, América Cochahuayco was promoted to the Playoff. The tournament was played on a home-and-away round-robin basis.
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