The Stewards Challenge Cup 2004: Semi & Final
| Winner | Loser | Distance | Barrier | Fawley | Finish |
| Melbourne U & U Queensland, Aus | Cambridge University | ½ L | 2.02 | 3.27* | 7.16 |
| Leander Club & Imperial College | Melbourne U & U Queensland, Aus | 2 L | 1.55 | 3.14 | 6.46 |
| * loser led |