AFLAC INC — Director's Dealing 2006

Feb 7, 2006

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2005-12-31

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

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	33373	Direct
Common Stock	5901	Indirect
Common Stock	3038	Indirect

Footnotes

F1: The reporting person owned an additional 6,800 shares of Aflac Incorporated common stock on November 12, 2004, the date on which the reporting person filed her original Form 3. Includes 73 shares of Aflac Incorporated common stock acquired December 2, 2004 and March 2, 2005 under the dividend reinvestment plan.

F2: Between January 1 and December 31, 2005, the reporting person acquired 81 shares of Aflac Incorporated common stock under the Aflac Incorporated 401(k) plan.