COLUMBUS, Ga., (June 3, 2008) – The Ethisphere Institute named Aflac Incorporated to Ethisphere's second annual World's Most Ethical Companies list. Ethisphere — a think-tank dedicated to the research and promotion of profitable best practices in global governance, business ethics, compliance and corporate responsibility — revealed the award at the Ethisphere and Forbes joint-conference, “Driving Profit through Ethical Leadership,” held on June 3.

“I am proud that Aflac has been named among the world's most ethical companies by the Ethisphere Institute for the second consecutive year,” Aflac Chairman and CEO Dan Amos said. “This is a reflection of Aflac's hard-working employees and our business culture that places a strong emphasis on treating customers, colleagues, shareholders and the community with honesty and respect.”

The extensive research process included reviewing over 10,000 of the world's leading companies on six continents. Ethisphere analysts reviewed codes of ethics, litigation and regulatory infraction histories; evaluated investment in innovation and sustainable business practices; looked at companies' activities to improve corporate citizenship; studied nominations from senior executives, industry peers, suppliers and customers; and worked with consumer action groups for feedback and rating.

“We applaud Aflac Incorporated. Aflac is among the companies honored this year because they have developed impressive and meaningful ethical business practices, making them true standouts within their industries,” said Alexander Brigham, executive director of Ethisphere Institute. “By their actions, they are forcing their competitors to follow suit or fall behind — truly embodying the notion that ethical business practices are more profitable in the long run.

About Aflac

For more than 50 years, Aflac products have given policyholders the opportunity to direct cash where it is needed most when a life-interrupting medical event causes financial challenges. Aflac is the number one provider of guaranteed-renewable insurance in the United States and the number one insurance company in terms of individual insurance policies in force in Japan. Our insurance products provide protection to more than 40 million people worldwide. Aflac has been included in Fortune magazine's listing of America's Most Admired Companies for seven years and in Fortune magazine's list of the 100 Best Companies to Work For in America for ten consecutive years. Aflac has also been recognized three times by both Fortune magazine's listing of the Top 50 Employers for Minorities and Working Mother magazine's listing of the 100 Best Companies for Working Mothers. Aflac Incorporated is a Fortune 500 company listed on the New York Stock Exchange under the symbol AFL. To find out more about Aflac, visit www.aflac.com.

About Ethisphere Institute

The research-based Ethisphere Institute and associated membership group, the Ethisphere Council, are supported by more than 100 institutions and corporations, including Thomson West, the Practicing Law Institute, the National Association of Corporate Directors, the Global Reporting Initiative, Corpedia and dozens of others. The Institute is dedicated to the research, creation, and sharing of best practices in ethics, compliance, and corporate governance among its membership companies. It also focuses on the development and advancement of individuals on its membership council through increased efficiency, innovation, tools, mentoring, advice, and unique career opportunities. Ethisphere Magazine is the quarterly publication of the Institute. More information on membership can be found at http://www.ethisphere.com.

The Ethisphere Institute publishes the globally-recognized annual World Most Ethical Companies Ranking™ as well as the Government Contractor Ethics Program Ranking™ and the upcoming Global Anti-Corruption Quotient.