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.

Semifinal 1

Home teamScoreAway teamVenueDateGame 1BC Reflex 70 - 69 Hapoel JerusalemBelgradeMarch 23, 2004Game 2Hapoel Jerusalem 79 - 76 BC ReflexJerusalemMarch 30, 2004

Semifinal 2

Home teamScoreAway teamVenueDateGame 1Adecco Estudiantes 75 - 83 Real MadridMadridMarch 23, 2004Game 2Real Madrid 82 - 73 Adecco EstudiantesMadridMarch 30, 2004

See also 2002–03 in Spanish basketball

References