CITIZENS, INC. — Director's Dealing 2007

Feb 12, 2007

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CITIZENS INC (CIA)
CIK: 0000024090
Period of Report: 2006-12-31

Reporting Person: GAGE ERROL DEAN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-30	Citizens, Inc. Class A Common Stock	L	17.8228	$5.61	Acquired	1421.4758	Direct
2006-02-06	Citizens, Inc. Class A Common Stock	L	19.0338	$5.25	Acquired	1440.5096	Direct
2006-03-06	Citizens, Inc. Class A Common Stock	L	18.8324	$5.31	Acquired	1459.342	Direct
2006-04-10	Citizens, Inc. Class A Common Stock	L	18.4335	$5.42	Acquired	1477.7755	Direct
2006-05-10	Citizens, Inc. Class A Common Stock	L	18.7329	$5.33	Acquired	1496.5084	Direct
2006-06-06	Citizens, Inc. Class A Common Stock	L	19.4028	$5.15	Acquired	1515.9112	Direct
2006-07-14	Citizens, Inc. Class A Common Stock	L	19.0666	$5.24	Acquired	1534.9778	Direct
2006-08-08	Citizens, Inc. Class A Common Stock	L	18.9036	$5.29	Acquired	1553.8814	Direct
2006-09-08	Citizens, Inc. Class A Common Stock	L	17.901	$5.58	Acquired	1571.7824	Direct
2006-10-04	Citizens, Inc. Class A Common Stock	L	17.0864	$5.85	Acquired	1588.8688	Direct
2006-11-08	Citizens, Inc. Class A Common Stock	L	15.2999	$6.53	Acquired	1604.1687	Direct
2006-12-07	Citizens, Inc. Class A Common Stock	L	14.8117	$6.75	Acquired	1618.9804	Direct

Footnotes

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