AFLAC INC — Director's Dealing 2005

Feb 10, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2005-02-08

Reporting Person: LAKE CHARLES D II (President - Aflac Japan)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-02-08	Employee Stock Option (right to buy)	$38.75	A	7500	Acquired	2015-02-08	Common Stock (7500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	430	Indirect
Common Stock	7255	Indirect

Footnotes

F1: The reporting person acquired beneficial ownership of these shares upon his marriage to the owner of the shares on 06/13/04.

F2: Granted under the Aflac Incorporated 1997 Stock Option Plan, which is a rule 16b-3 plan with tandem tax withholding rights.