AFLAC INC — Director's Dealing 2008

Aug 29, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2008-08-28

Reporting Person: TILLMAN AUDREY B (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-08-28	Common Stock	M	10000	$21.1563	Acquired	14116	Direct
2008-08-28	Common Stock	S	5274	$57.15	Acquired	8842	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-08-28	Employee Stock Option (right to buy)	$21.1563	M	10000	Acquired	2010-02-08	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3162	Indirect