Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/2003 |  | Sebastián Morquio | DF |  | FK Elista | Elista |
| 07/2003 |  | Amiltón Prado | DF |  | Sport Boys | Sport Boys |
| 07/2003 | | Junior Viza | MF | |||
| 07/2003 | | Pablo Zegarra | MF |  | UD Salamanca | Salamanca |
| 07/2003 | | Juan Carlos Portilla | FW | |||
| 07/2003 |  | Gustavo Costas | MA |  | Guaraní | Club Guaraní |
| 01/2003 | | Jesús Cisneros | GK |  | Estudiantes de Medicina | Estudiantes de Medicina |
| 01/2003 | | Éxar Rosales | GK | |||
| 01/2003 | | Juan Farfán | DF | |||
| 01/2003 | | Carlos Fernández | DF | |||
| 01/2003 | | Guillermo Guizasola | DF |  | AD Alcides Vigo | Alcides Vigo |
| 01/2003 | | Renzo Reaños | DF | |||
| 01/2003 | | Martín Tenemás | DF | |||
| 01/2003 | | Rinaldo Cruzado | MF | |||
| 01/2003 | | Roberto Guizasola | MF | |||
| 01/2003 | | Luis Noriega | MF | |||
| 01/2003 | | Ronald Quinteros | MF | |||
| 01/2003 | | Eduardo Uribe | MF | |||
| 01/2003 | | Jesús Chávez | FW | |||
| 01/2003 | | Juan Gonzales Vigil | FW |  | Deportivo Wanka | Dep. Wanka |
| 01/2003 | | Antonio Serrano | FW | |||
| 01/2003 | | Nicolas Tagliani | FW |  | Colo-Colo | Colo-Colo |
| 01/2003 |  | José Torres | MA |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/2003 | | Nelson Oliveira | DF |  | Gimnasia de La Plata | GyE La Plata |
| 07/2003 | | Henry Quinteros | MF |  | Sporting Cristal | Sp. Cristal |
| 01/2003 | | Pedro Aparicio | DF |  | Universidad Nacional San Agustín | Atlético Uni. |
| 01/2003 | | Wenceslao Fernandez | DF | | Sport Boys | Sport Boys |
| 01/2003 | | Amiltón Prado | DF | | Sport Boys | Sport Boys |
| 01/2003 | | Carlos Barrionuevo | MF |  | Danubio | Danubio |
| 01/2003 | | Juan Carlos Bazalar | MF |  | Cienciano | Cienciano |
| 01/2003 | | Luis Hernández | MF |  | Coronel Bolognesi | Coronel |
| 01/2003 | | Ryan Salazar | MF | | Universidad Nacional San Agustín | Atlético Uni. |
| 01/2003 | | Johan Fano | FW | | Coronel Bolognesi | Coronel |
| 01/2003 | | Roberto Farfán | FW | | Sport Boys | Sport Boys |
| 01/2003 | | Roberto Holsen | FW | | Cienciano | Cienciano |
| 01/2003 | | Luis Romero | FW |  | Central Español | Español |