AFLAC INC — Director's Dealing 2010

Feb 19, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2010-02-18

Reporting Person: ROGERS RALPH ARNOLD JR (Sr Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-18	Common Stock	M	20000	$26.8438	Acquired	34868	Direct
2010-02-18	Common Stock	S	16276	$48.5808	Disposed	18592	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-18	Employee Stock Option (right to buy)	$26.8438	M	20000	Disposed	2010-09-05	Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4437	Indirect