Yanukovych, who lost in the 2004 presidential election to incumbent president Viktor Yushchenko, is ahead with 49.64%, while Tymoshenko has gained 44.72% of the ballots counted so far.
Ukraine's Central Election Commission said that, the voter turnout was 69%, slightly more than in the January 17 first round that saw Yanukovych gain 35.32% of the vote and Tymoshenko 25.05%.