The tournament was held in Uruguay between 4 and 21 March 1999, it was the 8th time the competition has been held and the 1st to take place in Uruguay.

This tournament gave three berths to the 1999 FIFA U-17 World Championship, which was held in New Zealand, Brazil won their fifth title and their third in a row.

They qualified to the aforementioned tournament along with Paraguay and Uruguay.

The top 2 teams qualified for the semi-finals.

Top 3 teams qualify for 1999 FIFA U-17 World Championship: