AFLAC INC — Director's Dealing 2008

Aug 13, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2008-08-12

Reporting Person: JANKE KENNETH S SR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-08-12	Common Stock	A	999	—	Acquired	6036	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-08-12	Director Stock Option	$55.72	A	1000	Acquired	2018-08-12	Common Stock (1000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1535	Indirect
Common Stock	5000	Indirect
Common Stock	34218	Indirect
Common Stock	73314	Indirect

Footnotes

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

F2: The option becomes exercisable in four equal annual installments on August 12, 2009, 2010, 2011 and 2012.