| Group M | w | l | gf | ga | points | ratio | | 1. Brazil | 3 | 0 | 9: | 0 | 228/153 | 1.490 | | 2. Argentina | 2 | 1 | 6: | 3 | 211/169 | 1.249 | | 3. Venezuela | 1 | 2 | 3: | 7 | 191/228 | 0.838 | | 4. Peru | 0 | 3 | 1: | 9 | 157/237 | 0.662 |
| Team | Braz | Arge | Vene | Peru | | Brazil | --- | 3:0 | 3:0 | 3:0 | | Argentina | | --- | 3:0 | 3:0 | | Venezuela | | | --- | 3:1 | | Peru | | | | --- |
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| date | team 1 | score | team 2 | pts | g1 | g2 | g3 | g4 | | played at Santa Fe (ARG) | | 06.07.01 |  Brazil | 3-0 |  Peru | 75-36 | 25-14 | 25- 9 | 25-13 | | | 06.07.01 |  Argentina | 3-0 |  Venezuela | 75-48 | 25-16 | 25-14 | 25-18 | | | 07.07.01 | Venezuela | 3-1 | Peru | 87-78 | 25-23 | 12-25 | 25-11 | 25-19 | | 07.07.01 | Brazil | 3-0 | Argentina | 78-61 | 28-26 | 25-18 | 25-17 | | | 08.07.01 | Brazil | 3-0 | Venezuela | 75-56 | 25-23 | 25-21 | 25-12 | | | 08.07.01 | Argentina | 3-0 | Peru | 75-43 | 25-16 | 25-13 | 25-14 | |
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| | | Playd in Monterrey, Mexico |
| Ranking | w | l | gf | ga | points | ratio | | 1. Mexico | 2 | 1 | 6: | 5 | 258/256 | 1.008 | | 2. Venezuela | 1 | 2 | 5: | 6 | 256/258 | 0.992 |
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| Team | Mexi | Vene | | Mexico | ----- | 3:2, 3:0 | | Venezuela | 3:0 | ---- |
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| date | team 1 | score | team 2 | pts | g1 | g2 | g3 | g4 | g5 | | played in Monterrey (MEX) | | 07.09 | Venezuela | 3-0 |  Mexico | 76-66 | 26-24 | 25-19 | 25-23 | | | 08.09 | Mexico | 3-2 | Venezuela | 113-115 | 26-24 | 22-25 | 19-25 | 29-27 | 16-14 | | 09.09 | Mexico | 3-0 | Venezuela | 79-65 | 25-18 | 29-27 | 25-20 | |
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| 1. Brazil | | Fabiana Berto | | Patricia Coc | | Erika Coimbra | | Elisangela Olivera | | Janima Conceicao | | Kely Fraga | | Ricarda Lima (L) | | Fernanda Doval | | Coach: Marco |
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| 2. | | Romina Lamas | | Maria Laura Vincente | | Ivana Muller | | Georgona Pinedo | | Carolina Costagrande | | Monica Kostolnik (L) | | Celina Crusoe | | Mariana Conde | | Coach: Claudio Cuello |
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