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: JANKE KENNETH S JR (Sr Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-02-08	Common Stock	J	36000	—	Acquired	36000	Indirect

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	9000	Acquired	2015-02-08	Common Stock (9000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	112362	Direct
Common Stock	2307	Indirect

Footnotes

F1: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

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