Saturday 3 November 1962 at Molineux (Att 26,226)

Wolves (2) 2 (Kirkham 2 39): Davies, Showell, Thomson, Kirkham, Woodfield, Flowers, Crowe, Murray, Stobart, Broadbent, Hinton.
Sheffield Wednesday (2) 2 (Wilkinson 29, Layne 37): Springett, Horrobin, Megson, McAnearney, Swan, Hardy, Wilkinson, Fantham, Layne, Dobson, Holliday.

Referee: Mr F Cowen (Manchester).
Order of Goals: W,s,s,W.
Position: 4th.