AFLAC INC — Director's Dealing 2007

Jun 6, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2007-06-04

Reporting Person: LOUDERMILK JOEY M (Exec.VP & Corporate Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-04	Common Stock	M	76850	$15.0469	Acquired	246053	Direct
2007-06-04	Common Stock	F	43078	$52.94	Disposed	202975	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-06-04	Common Stock	$15.0469	M	76850	Disposed	2008-06-24	Common Stock (76850)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20429	Indirect
Common Stock	8011	Indirect