AFLAC INC — Director's Dealing 2012

Jul 26, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AFLAC INC (AFL)
CIK: 0000004977
Period of Report: 2012-07-25

Reporting Person: LOUDERMILK JOEY M (Exec VP & Corporate Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-25	Common Stock	M	46730	$30.575	Acquired	225932	Direct
2012-07-25	Common Stock	F	39751	$41.29	Disposed	186181	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-07-25	Employee Stock Option (right to buy)	$30.575	M	46730	Disposed	2012-08-13	Common Stock (46730)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	27088	Indirect
Common Stock	8011	Indirect