Standings after 2 rounds
| Rk | Name | Rtg | FED | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | Pts | |
| 1 | WGM | Ju Wenjun | 2518 | CHN | * | 1 | 1 | 2 | |||||||||
| 2 | GM | Koneru Humpy | 2598 | IND | * | 1 | 1 | 2 | |||||||||
| 3 | GM | Lahno Kateryna | 2537 | UKR | * | ½ | 1 | 1½ | |||||||||
| 4 | WGM | Ruan Lufei | 2483 | CHN | ½ | * | 1 | 1½ | |||||||||
| 5 | GM | Hou Yifan | 2617 | CHN | * | 1 | ½ | 1½ | |||||||||
| 6 | IM | Kovalevskaya Ekaterina | 2417 | RUS | 0 | * | 1 | 1 | |||||||||
| 7 | GM | Kosintseva Nadezhda | 2516 | RUS | 0 | * | 1 | 1 | |||||||||
| 8 | GM | Danielian Elina | 2480 | ARM | 0 | * | ½ | ½ | |||||||||
| IM | Mkrtchian Lilit | 2450 | ARM | 0 | ½ | * | ½ | ||||||||||
| 10 | IM | Munguntuul Batkhuyag | 2447 | MGL | 0 | ½ | * | ½ | |||||||||
| 11 | IM | Khurtsidze Nino | 2456 | GEO | 0 | 0 | * | 0 | |||||||||
| GM | Zhao Xue | 2556 | CHN | 0 | 0 | * | 0 |
Official website: http://jermuk2012.fide.com/index.php
Chess Daily News from Susan Polgar
Lahno will win.