AFLAC INC — Director's Dealing 2007

Feb 6, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: JANKE KENNETH S SR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-02	Common Stock	M	40000	$13.6563	Acquired	43876	Direct
2007-02-02	Common Stock	S	23000	$48.48	Disposed	3876	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-02	Employee Stock Option (right to buy)	$13.6563	M	40000	Disposed	2007-08-01	Common Stock (40000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20000	Indirect
Common Stock	1500	Indirect
Common Stock	9700	Indirect
Common Stock	33462	Indirect
Common Stock	73251	Indirect