The 1998–99 Asian Cup Winners' Cup was the ninth edition of association football competition run by the Asian Football Confederation (AFC) specifically for the winners of domestic cup competitions in AFC members nations.
1 Al Nejmeh withdrew.
1 Police SC withdrew. 2 PIA FC withdrew. 3 Yangon City Development had been drawn against the representatives of Indonesia, where the 1997/98 season was abandoned and the cup cancelled due to political and economic turmoil in the country.
1 Yangon City Development were unable to field a team for the second leg to player illness.
1 Kazma withdrew.