AFLAC INC — Director's Dealing 2005

Aug 11, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2005-08-10

Reporting Person: YAGAI ATSUSHI (Exec VP Aflac Japan)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-10	Common Stock	M	30000	$25.13	Acquired	30000	Direct
2005-08-10	Common Stock	S	18000	$43.7723	Disposed	12000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-08-10	Employee Stock Option (right to buy)	$25.13	M	30000	Disposed	2011-09-18	Common Stock (30000)	Direct