AFLAC INC — Director's Dealing 2007

Nov 5, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2007-10-26

Reporting Person: AMOS DANIEL P (Director, Chairman of the Board/CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-26	Common Stock	G	115000	—	Disposed	586450	Direct
2007-10-31	Common Stock	G	100	—	Disposed	586350	Direct
2007-11-01	Common Stock	M	6644	$15.0469	Acquired	592994	Direct
2007-11-01	Common Stock	M	4398	$22.7344	Acquired	597392	Direct
2007-11-01	Common Stock	M	4302	$23.2344	Acquired	601694	Direct
2007-11-01	Common Stock	M	3406	$29.3438	Acquired	605100	Direct
2007-11-01	Common Stock	F	6439	$62.12	Disposed	598661	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-01	Employee Stock Option (right to buy)	$15.0469	M	6644	Disposed	2008-06-24	Common Stock (6644)	Direct
2007-11-01	Employee Stock Option (right to buy)	$23.2344	M	4302	Disposed	2010-06-20	Common Stock (4302)	Direct
2007-11-01	Employee Stock Option (right to buy)	$29.3438	M	3406	Disposed	2011-01-22	Common Stock (3406)	Direct
2007-11-01	Employee Stock Option (right to buy)	$22.7344	M	4398	Disposed	2009-07-19	Common Stock (4398)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	59819	Indirect
Common Stock	3054760	Indirect
Common Stock	85107	Indirect
Common Stock	1623	Indirect
Common Stock	153740	Indirect
Common Stock	693467	Indirect
Common Stock	11021	Indirect