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: COX KERMITT L (Sr Vice President)

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	6000	Acquired	2015-02-08	Common Stock (6000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	44752	Direct
Common Stock	0	Indirect

Footnotes

F1: The reporting person no longer has a reportable beneficial interest in 513 shares of Aflac Incorporated common stock owned by his daughter and included in the reporting person's prior ownership.

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