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CITIZENS, INC. Director's Dealing 2008

Mar 28, 2008

33432_dirs_2008-03-28_352def5b-6062-4266-8efe-e969ed9dda06.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-02-05 Citizens, Inc. Class A Common Stock L 41.6121 $5.91 Acquired 3812911.4797 Direct
2008-02-29 Citizens, Inc. Class A Common Stock L 43.6671 $5.70 Acquired 3812955.1468 Direct
2008-03-26 Citizens, Inc. Class A Common Stock G 65972 $6.95 Disposed 3746983.1468 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Citizens, Inc. Class A Common Stock 395302 Indirect
Citizens, Inc. Class B Common Stock 1001744.3452 Indirect

Footnotes

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

F2: Gift to Hyde Park Baptist Church