CITIZENS, INC. — Director's Dealing 2008

Feb 13, 2008

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CITIZENS INC (CIA)
CIK: 0000024090
Period of Report: 2007-12-31

Reporting Person: RILEY RICK D (Director, Vice Chairman, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-09-28	Citizens, Inc. Class A Common Stock	L	121.3809	$8.21	Acquired	499776.6768	Direct
2007-11-02	Citizens, Inc. Class A Common Stock	L	123.9081	$8.04	Acquired	499900.5849	Direct
2007-11-30	Citizens, Inc. Class A Common Stock	L	153.8991	$6.47	Acquired	499054.484	Direct
2007-12-31	Citizens, Inc. Class A Common Stock	L	168.2803	$5.91	Acquired	499222.7643	Direct
2007-12-13	Citizens, Inc. Class A Common Stock	G	3600	$6.25	Acquired	6648	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Citizens, Inc. Class A Common Stock	34185	Indirect
Citizens, Inc. Class A Common Stock	325692	Indirect

Footnotes

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

F2: Gift from family member.