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Aflac Named America's Best Managed Company for Insurance Industry by Forbes.com

Makes List of 400 Best Big Companies for Ninth Time

COLUMBUS, Ga., Dec. 23 /PRNewswire/ -- Aflac has been named to the Forbes.com list of America's Best Managed Companies for 2008. The insurance giant was also included in Forbes's list of the 400 Best Big Companies, based on sales and earnings growth, debt to total capital, earnings outlook and stock market returns. Editors rate companies on one- and five-year data, considering both long-term success and latest performance. Guided by these rankings and other data, one company is chosen as the best managed for each industry.

"It is an honor to be recognized by Forbes.com as one of America's best managed companies. It illustrates management's commitment to the company's core values and the financial strength of the company," said Aflac Chairman and CEO Dan Amos.

This year marks the ninth time that Aflac has been included on the Forbes.com list of 400 Best Big Companies. The list of 400 Best Big Companies and America's Best Managed Companies is available at www.forbes.com.

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.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20041202/CLTH019LOGO )

    Media Contacts:                Analyst and Investment Contact:
    Laura Kane                     Kenneth S. Janke Jr.
    Aflac Incorporated             Aflac Incorporated
    706.596.3493                   1.800.235.2667, Option 3; Fax: 706.324.6330
    lkane@aflac.com                kjanke@aflac.com

    Jon A. Sullivan
    Aflac Incorporated
    706.596.3493
    jsullivan@aflac.com

SOURCE Aflac
12/23/2008
/CONTACT: Media, Laura Kane, +1-706-596-3493,
lkane@aflac.com, or Jon A. Sullivan,
+1-706-596-3493, jsullivan@aflac.com, or
Analyst and Investment Contact,
Kenneth S. Janke Jr.,
1-800-235-2667, Option 3,
Fax, +1-706-324-6330, kjanke@aflac.com, all of Aflac Incorporated/

 For Business, National and       International media.
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Contact:
Laura Kane
Vice President
External Relations
Aflac incorporated
at 1-706-596-3493.
or
Jon Sullivan
Executive Publicist
External Communications
Aflac incorporated
at 1-706-763-4813.