The trophy is pictured in front of a screen displaying the order after the draw of the UEFA Champions League semi-finals at in Nyon, Switzerland, on April 15, 2016. PHOTO: REUTERS
Real, who won that game 4-1 in extra-time, will play first-time semi-finalists Manchester City, with the first leg in Manchester.
Atletico, who beat holders Barcelona in the quarter-finals, will be at home to Bayern Munich in their first leg.
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Bayern manager Pep Guardiola therefore misses what would have been a difficult semi-final for him against City, the Premier League side he will manage from the end of the season.
First legs are on April 26-27 and second legs on May 3-4.
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