AFLAC INC — Director's Dealing 2007

Feb 15, 2007

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2007-02-13

Reporting Person: DURANT MARTIN A (Sr. Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	111	Direct
Common Stock	70000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$43.07	2016-08-08	Common Stock (15000)		Direct

Footnotes

F1: Granted under the Aflac Incorporated 1997 Stock Option Plan, which is a rule 16b-3 plan with tandem tax withholding rights.