CITIZENS, INC. - Director's Dealing 2009

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CITIZENS INC (CIA)
CIK: 0000024090
Period of Report: 2008-12-31

Reporting Person: Osbourn Kay E (Vice President, Internal Audit)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-30	Citizens, Inc. Class A Common Stock	L	15.3947	$6.47	Acquired	15.3947	Direct
2008-07-07	Citizens, Inc. Class A Common Stock	L	32.5328	$6.12	Acquired	47.9275	Direct
2008-08-01	Citizens, Inc. Class A Common Stock	L	26.7645	$7.44	Acquired	74.692	Direct
2008-08-29	Citizens, Inc. Class A Common Stock	L	27.4648	$7.25	Acquired	102.1568	Direct
2008-10-06	Citizens, Inc. Class A Common Stock	L	24.2843	$8.21	Acquired	126.4411	Direct
2008-10-31	Citizens, Inc. Class A Common Stock	L	23.4926	$8.48	Acquired	149.9337	Direct
2008-11-28	Citizens, Inc. Class A Common Stock	L	21.8541	$9.12	Acquired	171.7878	Direct

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