The 1994–95 Asian Cup Winners' Cup was the fifth edition of association football competition run by the Asian Football Confederation specifically for its members cup holders.
Preliminary round
Central Asia
25 July 1994 Ravshan Kulob 0–10 Pakhtakor TashkentDzhambul, Kazakhstan25 July 1994Taraz Club Dzhambul 8–1 Alay Osh Dzhambul, Kazakhstan27 July 1994 Alay Osh 1–3 Merw Mary Dzhambul, Kazakhstan27 July 1994Taraz Club Dzhambul 3–0 Pakhtakor Tashkent Dzhambul, Kazakhstan29 July 1994Pakhtakor Tashkent 5–1 Alay Osh Dzhambul, Kazakhstan29 July 1994Merw Mary 1–0 Ravshan Kulob Dzhambul, Kazakhstan31 July 1994Pakhtakor Tashkent 4–0 Merw Mary Dzhambul, Kazakhstan31 July 1994Taraz Club Dzhambul 8–1 Ravshan Kulob Dzhambul, Kazakhstan2 August 1994Alay Osh 0–2 Ravshan Kulob Dzhambul, Kazakhstan2 August 1994Merw Mary 1–8 Taraz Club Dzhambul Dzhambul, Kazakhstan
East Asia
Pakistan representatives withdrew
3 August 1994 Renown SC unk Club Lagoons Colombo, Sri Lanka5 August 1994East Bengal 4–0 Club Lagoons Colombo, Sri Lanka7 August 1994 Renown SC 2–1 East Bengal Colombo, Sri Lanka
First round
West Asia
1 Al Tilal withdrew 2 Jonoob Ahvaz also listed as Abva Khak Djonoob and Navard Loleh, both referring to sponsor names
East Asia
1 East Bengal withdrew after 1st leg 2 Sri Lanka representatives also listed as Ratnam SC
Second round
West Asia
1 Al Qadisiya withdrew after 1st leg
East Asia
1 Gelora Dewata disqualified due to fielding two ineligible players 2 apparently East Bengal withdrew
Quarterfinals
West Asia
East Asia
Semifinals
Third place match
Final
References Asian Cup Winners Cup 1995