Saturday 27 December 1986 at Molineux (Att 4,626)

Wolves (2) 2 (Bull 8, Thompson 16): Barrett, Stoutt, Barnes, Powell, Brindley, Clarke, Purdie, Thompson, Bull, Mutch (N Edwards 77), Holmes.
Exeter City (1) 2 (Roberts 23, Kellow 76): Shaw, Pugh, Viney, Marker, McAffrey, Watson, Taylor, Roberts, O’Connell (Kellow 55), Keough, Biggins.

Referee: Mr T Fitzharris (Bolton).
Sent-off: Watson 75 (dissent).
Booked: Keough 71.
Landmark: Shaun Taylor was making his League debut.
Position: 15th.