By FOX SPORTS Staff
Los Boquerones were not beaten in the group stages of the Champions League and successfully navigated past the likes of footballing heavyweights AC Milan and Zenit St Petersburg to qualify for the last 16 of the competition.
Porto, who won the Champions League in 2004 under Jose Mourinho, also had little trouble securing progress from the group stages, with the Portistas making an impression for their exciting brand of attacking football.
While Porto head into the clash as slight favourites, Pellegrini believes Malaga have what it takes to beat the Portuguese giants and called on his side to make the most of their rare appearance in this stage of the competition.
"Porto are a good team, but we have proved in this season's competition that we are at the same level," Pellegrini was quoted as saying by the official Champions League website.
"In 180 minutes a lot can happen. It's likely the outcome of the tie will be decided in Málaga.
"Few people expected us to get here, so these are the sort of games our fans should relish.
"We believed we could make it this far when we set out and now we are facing Porto, one of the best teams in Portugal."
And Pellegrini vowed to send his team out to attack Porto right from the first whistle.
"We will never go out with the intention of just defending in the Champions League," Pellegrini added.
"It should be a fantastic show with two attacking teams. I will not change our style and they too have some very good players who like to attack such as Lucho González, Jackson Martínez and João Moutinho."
Porto have won 12 of their 37 games against Spanish opposition, while Malaga have only suffered one defeat in 12 European away games.