29-03-2012 18:00
Budućnost - Budvanska Rivijera
1 : 3 (24:26, 18:25, 25:20, 22:25)
Finale Play Off
| 1.Budvanska rivijera | 13 | 13:0 | 39 |
| 2.Buducnost | 13 | 11:2 | 33 |
| 3.Jedinstvo | 12 | 7:5 | 20 |
| 4.Studentski centar | 12 | 7:5 | 20 |
| 5.Mornar | 12 | 4:8 | 12 |
| 6.Volley Star | 13 | 3:10 | 10 |
| 7.Sutjeska | 13 | 2:11 | 6 |
| 8.Ibar | 10 | 2:8 | 6 |
