AFLAC INC — Director's Dealing 2005

Feb 28, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2005-02-24

Reporting Person: KAN AKITOSHI (Chairman Aflac International)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-02-24	Common Stock	M	50000	$22.5	Acquired	340778	Direct
2005-02-24	Common Stock	S	50000	$37.8282	Disposed	290778	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-02-24	Employee Stock Option (right to buy)	$22.5	M	50000	Disposed	2009-12-16	Common Stock (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4877	Indirect