CITIZENS, INC. - Director's Dealing 2005

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CITIZENS INC (CIA)
CIK: 0000024090
Period of Report: 2004-12-31

Reporting Person: RILEY RAY A (COO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-06	Citizens, Inc. Class A Common Stock	L	51	$9.80	Acquired	257213	Direct
2004-02-04	Citizens, Inc. Class A Common Stock	L	57	$8.78	Acquired	257270	Direct
2004-03-10	Citizens, Inc. Class A Common Stock	L	60	$8.33	Acquired	257330	Direct
2004-04-12	Citizens, Inc. Class A Common Stock	L	61	$8.38	Acquired	257391	Direct
2004-05-06	Citizens, Inc. Class A Common Stock	L	74	$6.88	Acquired	257465	Direct
2004-06-03	Citizens, Inc. Class A Common Stock	L	68	$7.35	Acquired	257533	Direct
2004-07-12	Citizens, Inc. Class A Common Stock	L	67	$7.53	Acquired	257600	Direct
2004-08-04	Citizens, Inc. Class A Common Stock	L	86	$5.89	Acquired	257686	Direct
2004-09-02	Citizens, Inc. Class A Common Stock	L	84	$5.98	Acquired	257770	Direct
2004-10-05	Citizens, Inc. Class A Common Stock	L	82	$6.20	Acquired	257852	Direct
2004-11-03	Citizens, Inc. Class A Common Stock	L	84	$6.05	Acquired	257936	Direct
2004-12-08	Citizens, Inc. Class A Common Stock	L	83	$6.13	Acquired	258019	Direct
2004-12-31	Citizens, Inc. Class A Common Stock	J	18003	$6.37	Acquired	276022	Direct
2004-12-30	Citizens, Inc. Class A Common Stock	G	4000	$6.30	Disposed	14886	Indirect
2004-12-31	Citizens, Inc. Class A Common Stock	J	1323	$6.37	Acquired	16209	Indirect
2004-12-31	Citizens, Inc. Class A Common Stock	J	211	$6.34	Acquired	3225	Indirect
2004-12-31	Citizens, Inc. Class A Common Stock	J	10632	$6.37	Acquired	162475	Indirect

F1: These shares were purchased through the Employee Stock Purchase Plan as part of regular monthly payroll deduction.

F2: Stock Dividend paid 12/31/2004

F3: Gift for Hyde Park Baptist Church