D.O.B.        CLUB                       WC
       1 GK Jose Luis Chilavert       27 Jul 1965   Strasbourg (FRA)           1998
       2 DF Francisco Arce            02 Apr 1971   Palmeiras (BRA)            1998
       3 DF Pedro Sarabia             05 Jul 1975   River Plate (ARG)          1998
       4 DF Carlos Gamarra            17 Feb 1971   AEK Athens (GRE)           1998
       5 DF Celso Ayala               20 Aug 1970   River Plate (ARG)          1998
       6 MD Estanislao Struway        25 Jun 1968   Libertad
       7 FW Richart Baez              31 Jul 1973   Olimpia Asuncion
       8 MD Guido Alvarenga           24 Aug 1970   Leon (MEX)
       9 FW Roque Santa Cruz          16 Aug 1981   Bayern Munich (GER)
      10 MD Roberto Acuña             25 Mar 1972   Real Zaragoza (SPA)        1998
      11 FW Jorge Campos              11 Aug 1970   Universidad Catolica (CHI) 1998
      12 GK Justo Villar              30 Jun 1977   Libertad
      13 MD Carlos Paredes            16 Jul 1976   FC Porto (POR)             1998
      14 MD Diego Gavilan             01 Mar 1980   Tecos (MEX)
      15 MD Carlos Bonet              02 Oct 1977   Libertad
      16 MD Gustavo Morinigo          23 Jan 1977   Libertad
      17 DF Juan Carlos Franco        17 Apr 1973   Olimpia Asuncion
      18 DF Julio Cesar Caceres       05 Oct 1979   Olimpia Asuncion
      19 DF Daniel Sanabria           08 Feb 1977   Libertad
      20 FW Jose Cardozo              19 Mar 1971   Toluca (MEX)               1998
      21 DF Denis Caniza              29 Aug 1974   Santos Laguna (MEX)        1998
      22 GK Ricardo Tavarelli         02 Aug 1970   Olimpia Asuncion
      23 FW Nelson Cuevas             10 Jan 1980   River Plate (ARG)

      Coach: Cesare Maldini (ITA)     05 Feb 1932