It was hosted in Rome and Perugia, Italy from 20 to 25 September 1999.

In the first stage, the eight participants were divided in two groups of four teams each.

The second stage of the tournament consisted of two sets of semifinals to determine the tournament final ranking.

The group stage firsts and seconds played the semifinals for first to fourth place and group stage thirds and fourths played the fifth to eighth place semifinals.

The pairing of the semifinals was made so teams played against the opposite group teams which finished in a different position (first played against second, third played against fourth).