AFLAC INC — Director's Dealing 2007

Aug 16, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2007-08-14

Reporting Person: JOHNSON ROBERT B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-08-14	Common Stock	A	529	—	Acquired	4611	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-08-14	Director Stock Option	$52.59	A	2000	Acquired	2017-08-14	Common Stock (2000)	Direct

Footnotes

F1: Granted under the 2004 Aflac Incorporated Long-Term Incentive Plan.

F2: The option becomes exercisable in four equal annual installments on August 14, 2008, 2009, 2010 and 2011.