The 2004 AFC Cup was the first edition of the AFC Cup, played by clubs from nations who are members of the Asian Football Confederation.

The 'developing' 14 nations in the Asian Football Confederation were invited to nominate one or two clubs to participate in the 2004 competition.

1Al Sha'ab Ibb were awarded a 3–0 win as Muktijoddha Sangsad KS did not show up for the match.

2The match was cancelled after a general strike in Yemen left Al Sha'ab Ibb unable to show up for the match.

Home United won 5–4 on aggregate.