AFLAC INC — Director's Dealing 2007

Dec 3, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2007-11-29

Reporting Person: KAN AKITOSHI (Chairman Aflac Japan)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-29	Common Stock	M	50000	$38.32	Acquired	339638	Direct
2007-11-29	Common Stock	S	47391	$61.1211	Disposed	292247	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-29	Employee Stock Option (right to buy)	$38.32	M	50000	Disposed	2014-08-10	Common Stock (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8172	Indirect

Footnotes

F1: The option vested 16,666 shares on 08/10/05, 16,667 shares on 08/10/06, and 16,667 shares on 08/10/07.