During January-September Ukraine?s GDP grew by 2.8% yoy. Concorde Capital: This is the first time this year the cumulative GDP growth rate did not decline: 9M05 GDP growth (2.8%) was the same as in 8M05. However, the accelerated growth of GDP in September-December was expected, due to the low comparison base in 4Q04. We maintain our annual GDP growth forecast of 5.0% for 2005.