Aflac is one of eight Georgia companies on the international list

Columbus, Ga. – July 19, 2005 – Aflac has been named to Fortune magazine's Global 500 list for the third consecutive year. The prestigious list ranks the world's largest corporations based on annual revenues. With revenues of more than $13.3 billion for 2004, Aflac ranked at number 465 on the 2005 list, a significant increase from last year's ranking at number 477.

“This honor attests to our financial and competitive strength,” said Dan Amos, chairman and chief executive officer. “We're very appreciative of this recognition.”

Eligible corporations for the Global 500 list must have annual revenues of at least $8 billion in U.S. currency as of Dec. 31, 2004. Revenue figures for insurance companies include premium and annuity income, investment income, and realized capital gains or losses but exclude deposits. Revenue figures include consolidated subsidiaries and exclude excise taxes. Companies named to the list must also have published financial data and reported part or all of their figures to a government agency.

In addition to a completed survey form, corporations appearing on the Global 500 list were required to provide a full set of financial statements for 2004. Aflac and the other companies on the list reported their net profits for 2004, along with total assets, shareholders' equity and number of full-time equivalent employees at the end of its fiscal year.

Aflac is one of eight Georgia-based companies on the list. Other Georgia companies include, BellSouth, Delta Air Lines, Coca-Cola and United Parcel Service.

Aflac has also appeared on other recent Fortune lists for 2005 including Best Companies to Work for in America and America's Most Admired Companies.

For 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. Aflac's insurance products provide protection to more than 40 million people worldwide. In January 2005, Aflac was included in Fortune magazine's list of the 100 Best Companies to Work For in America for the seventh consecutive year. Aflac has also been included in both Forbes magazine's Platinum 400 List of America's Best Big Companies and in Fortune magazine's listing of America's Most Admired Companies for five consecutive years. 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 aflac.com.

Media Contact:
Laura Kane
+1-706-596-3493
fax +1-706-320-2288
lkane@aflac.com

Analyst and investor contact:
Kenneth S. Janke
+1-800-235-2667 option 3
fax +1-706-324-6330
kjanke@aflac.com