The premier edition of the Triennial Cup was held in Budapest. Hungary fielded their strongest team led by duo of GMs Szabó and Barcza. Czechoslovakia sent pack of decent IMs led by Pachman, a World's top class player. Poland's leader IM Śliwa was to qualify to the interzonal (World's top 20 those years) in a year. Young and talented players composing Hungary "B" team were an interesting squad as well.

The first day of the games brought two unexpected ties. Poland held Czechoslovakia to a draw, the same did Hungary "B" to the "A" team. On day two Poland lost 5-3 to Hungary "B" while Hungary "A" beat Czechoslovakia by the smallest possible margin. On the last day the Hungarians sealed their win wiping out Poland 6½-1½ while Hungary "B" took second position (unofficially) beating Czechoslovakia. The Czech and Slovak team came third and Poland were last.

Nobody managed to hit the jackpot and score a perfect 3/3. Three Hungarian players from lower boards scored 2½/3. The official event table (excluding Hungary "B") was as follows: Hungary 11, Czechoslovakia 7½, Poland 5½.