• Panama City, Panama: 22-28 March 2004

The winner of this tournament, Bahamas, progressed to Phase 2, the Associates Championships.

• Belize 289-4 (50 overs) beat Surinam 172 (46.2 overs) by 117 runs
• Turks & Caicos 88 (25.2 overs) lost to Bahamas 89-2 (16.3 overs) by 8 wickets
• Panama 93 (27.2 overs) lost to Bahamas 94-4 (19.2 overs) by 6 wickets
• Belize 265 (50 overs) beat Turks & Caicos 58 (21 overs) by 207 runs
• Panama 225-9 (50 overs) beat Belize 182 (39.2 overs) by 43 runs
• Turks & Caicos 232-9 (50 overs) beat Surinam 188 (44.2 overs) by 44 runs
• Belize 189-8 (50 overs) lost to Bahamas 190-7 (36.1 overs) by 3 wickets
• Surinam 106 (37.3 overs) lost to Panama 108-3 (10.5 overs) by 7 wickets
• Panama 275 (49.5 overs) beat Turks & Caicos 205 (42.2 overs) by 73 runs
• Surinam 225 (49.4 overs) lost to Bahamas 227-3 (40.2 overs) by 7 wickets

                 P   W   L   Pts
Bahamas          4   4   0     8
Panama           4   3   1     6
Belize           4   2   2     4
Turks & Caicos   4   1   3     2
Surinam          4   0   4     0

• Bermuda: 6-11 July 2004
• Teams: Argentina, Bahamas, Bermuda, Canada, Cayman Islands, USA.

The top three countries (Canda, USA, Bermuda) qualified for the ICC Trophy 2005. The fourth-placed country (Cayman Islands) qualified for the Repechage Tournament (WCGL3).

                 P   W   L   Pts
Canada           5   5   0    10
USA              5   4   1     8
Bermuda          5   3   2     6
Cayman Islands   5   2   3     4
Argentina        5   1   4     2
Bahamas          5   0   5     0

• July 6
• Bermuda beat Argentina by 8 wickets.
  Argentina 182-8 (50 overs, D Forrester 54, D Archer 3-31)
  Bermuda 183-2 (31.2 overs, O Pitcher 98, G Blakeney 38)
• Canada beat Bahamas by 162 runs.
  Canada 260-8 (50 overs, S Dhaniram 46, D Chumney 44, I Billcliff 44)
  Bahamas 98 (23 overs, A Codrington 3-20, J Davison 3-15)
• USA beat Cayman Islands by 6 wickets.
  Cayman Islands 138-8 (50 overs, S Mohamed 41, H Johnson 5-12)
  USA 140-4 (31.4 overs, C Reid 42*)
• July 7
• Canada beat Argentina by 197 runs.
  Canada 294-9 (50 overs, D Chumney 112, J Davison 64, D Forrester 3-64)
  Argentina 97 (28.3 overs, J Davison 3-36)
• USA beat Bahamas by 9 wickets.
  Bahamas 88 (25.3 overs, T Reid 3-35)
  USA 91-1 (9.3 overs, M Johnson 48*)
• Bermuda beat Cayman Islands by 5 wickets.
  Cayman Islands 217-9 (50 overs, F Hinds 78, L Cann 3-16)
  Bermuda 218-5 (49.1 overs, G Blakeney 63, C Smith 58*, C Marshall 36)
• July 8
• Cayman Islands beat Argentina by 8 wickets.
  Argentina 99 (40.3 overs, L Paterlini 49, S Mohamed 3-8)
  Cayman Islands 102-2 (28.4 overs)
• Bermuda beat Bahamas by 171 runs.
  Bermuda 267-5 (50 overs, W White 78*, C Marshall 64)
  Bahamas 96 (35.1 overs, D Leverock 5-18)
• Canada beat USA by 77 runs.
  Canada 224-9 (50 overs, A Bagai 68*, Nasir Islam 3-39)
  USA 137-9 (41 overs, 214 in 41 overs, A Patel 3-53)
• July 10
• USA beat Argentina by 117 runs.
  USA 275 (47.4 overs, A Ali 89, R Staple 46, C Lambert 42, D Lord 3-62)
  Argentina 158 (44.1 overs, M van Steeden 52, G Arizaga 35, Z Amin 5-31)
• Cayman Islands beat Bahamas by 7 wickets.
  Bahamas 184 (49.4 overs, K Seeram 46*, P Best 4-44, S Mohamed 3-26)
  Cayman Islands 188-3 (47.1 overs, S Gordon 61, C Wright 50, P Best 44*)
• Canada beat Bermuda by 3 wickets.
  Bermuda 194-9 in (50 overs, C Smith 62, S Mukudeem 62*, A Patel 4-47, A Codrington 3-36)
  Canada 195-7 (49.1 overs, I Billcliff 54, Z Surkari 46, D Chumney 39, D Archer 4-24)
• July 11
• USA beat Bermuda by 5 wickets.
  Bermuda 155 (46.4 overs, C Smith 44, D Borden 42, N Javed 4-45, C Reid 3-32)
  USA 156-5 (44.1 overs, C Reid 43*, C Lambert 42*, D Leverock 3-18)
• Canada beat Cayman Islands by 67 runs.
  Canada 298 (47 overs, I Surkari 52, I Billcliff 47, D Chumney 46, J Davison 41, R Bovell 4-57)
  Cayman Islands 231-9 (50 overs, S Mohamed 49, F Hinds 48, A Patel 4-50)
• Argentina beat Bahamas by 4 wickets.
  Bahamas 194 (43.2 overs, D Weakley 39, E MacDermott 3-40)
  Argentina 195-6 (48.2 overs, M Paterlini 40, D Weakley 3-22)