CITIZENS, INC. — Director's Dealing 2006

Feb 8, 2006

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CITIZENS INC (CIA)
CIK: 0000024090
Period of Report: 2005-12-31

Reporting Person: RILEY HAROLD E (Director, Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-05-04	Citizens, Inc. Class A Common Stock	L	46	$5.45	Acquired	4268833	Direct
2005-06-06	Citizens, Inc. Class A Common Stock	L	43	$5.73	Acquired	4268876	Direct
2005-07-13	Citizens, Inc. Class A Common Stock	L	37	$6.65	Acquired	4268913	Direct
2005-08-10	Citizens, Inc. Class A Common Stock	L	35	$7.12	Acquired	4268948	Direct
2005-09-06	Citizens, Inc. Class A Common Stock	L	34	$7.20	Acquired	4268982	Direct
2005-10-13	Citizens, Inc. Class A Common Stock	L	43	$5.74	Acquired	4269025	Direct
2005-11-08	Citizens, Inc. Class A Common Stock	L	41	$6.07	Acquired	4259066	Direct
2005-12-12	Citizens, Inc. Class A Common Stock	L	42	$6.00	Acquired	4257134	Direct
2005-12-31	Citizens, Inc. Class A Common Stock	J	297920	$5.45	Acquired	4555054	Direct
2005-12-31	Citizens, Inc. Class A Common Stock	J	81	$5.45	Acquired	4555135	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Citizens, Inc. Class A Common Stock	376012	Indirect
Citizens, Inc. Class B Common Stock	1001714	Indirect

Footnotes

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

F2: Stock Dividend paid 12/31/2005