Ipswich went into Friday lunchtimes draw after thrashing Luxembourgs Avenir Beggen 8-1 at Portman Road on Thursday night.
Commenting on Towns participation in this years competition, Ipswich chairman David Sheepshanks told the clubs official website: "We are looking forward to the tie.
"European football has brought us a little consolation for relegation from the Premiership and our nights in the UEFA Cup have been great occasions for our fans as well.
"Our supporters have been great representatives for British football abroad and although I'm not sure how many will get to Yugoslavia, I'm sure there will be plenty trying."