AFLAC INC — Director's Dealing 2006

Aug 10, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2006-08-08

Reporting Person: THOMPSON DAVID GARY (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-08-08	Director Stock Option	$43.07	A	4000	Acquired	2016-08-08	Common Stock (4000)	Direct

Footnotes

F1: Granted under the 2004 Aflac Incorporated Long-Term Incentive Plan.

F2: The option becomes exercisable in four equal annual installments on August 8, 2007, 2008, 2009, and 2010.