AFLAC INC — Director's Dealing 2006

May 18, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2006-05-17

Reporting Person: Davis Rebecca Colwell (Exec. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-17	Common Stock	G	20	—	Disposed	33362	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5901	Indirect
Common Stock	3038	Indirect