AFLAC INC — Director's Dealing 2010

Dec 10, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2010-12-09

Reporting Person: TILLMAN AUDREY B (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-09	Common Stock	M	10000	$23.65	Acquired	18971	Direct
2010-12-09	Common Stock	S	4228	$55.1332	Disposed	14743	Direct
2010-12-09	Common Stock	S	5772	$55.203	Disposed	8971	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-09	Employee Stock Option (right to buy)	$23.65	M	10000	Disposed	2012-01-03	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3996	Indirect