AFLAC INC — Director's Dealing 2010

Nov 3, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2010-11-02

Reporting Person: TILLMAN AUDREY B (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-02	Common Stock	M	15000	$28.995	Acquired	23928	Direct
2010-11-02	Common Stock	S	15000	$56.27	Disposed	8928	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-02	Employee Stock Option (right to buy)	$28.995	M	15000	Disposed	2011-07-30	Common Stock (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3996	Indirect