Saturday 15 August 1988 at Manor Ground (Att 7,521)

Oxford United (0) 0: Whitehead, Robinson, Marsh, Gray (Weatherstone 51), Davis, Gilchrist, Banger, Windass, Smith (Hill 80), Murphy (Powell 74), Beauchamp.
Wolves (1) 2 (Bull 45, Osborn 78): Stowell, Muscat, Naylor, Richards, Sedgley, Curle, Froggatt, Fernando, Bull, Keane Osborn; Subs Atkins, Paatelainen, Gilkes.

Referee: Mr M Messias (York).
Booked: Smith 53, Muscat 63, Osborn 66, Beauchamp 66, Froggatt 70, Davis 78, Gilchrist 78, Robinson 79, Marsh 85.
Penalty: Awarded for a foul by Steve Davis on Robbie Keane. Phil Whitehead saved Keith Curle attempt, but Simon Osborn scored from the rebound.
Landmark: Fernando makes his Wolves debut following his transfer from Valencia and Danny Hill makes his debut for Oxford.
Position: 1st.