CITIZENS, INC. - Director's Dealing 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CITIZENS INC (CIA)
CIK: 0000024090
Period of Report: 2008-02-05

Reporting Person: ARNOLD JOSHUA G (Asst. VP/Investment Officer)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-05	Citizens, Inc. Class A Common Stock	L	8.3224	$5.98	Acquired	151.3514	Direct
2008-02-29	Citizens, Inc. Class A Common Stock	L	8.7338	$5.70	Acquired	160.0852	Direct
2008-03-31	Citizens, Inc. Class A Common Stock	L	7.0804	$7.03	Acquired	167.1656	Direct
2008-05-02	Citizens, Inc. Class A Common Stock	L	6.9335	$7.18	Acquired	174.0991	Direct
2008-05-30	Citizens, Inc. Class A Common Stock	L	7.6974	$6.47	Acquired	181.7965	Direct
2008-07-07	Citizens, Inc. Class A Common Stock	L	8.134	$6.12	Acquired	189.9305	Direct
2008-08-01	Citizens, Inc. Class A Common Stock	L	6.6911	$7.44	Acquired	196.6216	Direct
2008-08-29	Citizens, Inc. Class A Common Stock	L	6.8655	$7.25	Acquired	203.4871	Direct
2008-09-19	Citizens, Inc. Class A Common Stock	S	203	$8.80	Disposed	0.4871	Direct

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

F2: This transaction was an open market sale.