AFLAC INC — Director's Dealing 2006

Feb 16, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2006-02-14

Reporting Person: AMOS PAUL S II (Exec. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-14	Common Stock	P	34	$47.25	Acquired	95686	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-14	Employee Stock Option (right to buy)	$47.25	A	25000	Acquired	2016-02-14	Common Stock (25000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	44656	Direct
Common Stock	12850	Indirect
Common Stock	15000	Indirect
Common Stock	5295	Indirect
Common Stock	568446	Indirect

Footnotes

F1: Granted under the Aflac Incorporated 1997 Stock Option Plan, which is a rule 16b-3 plan with tandem tax withholding rights.