As Aflac Incorporated had previously disclosed, Aflac Japan, along with other life insurance companies, had already initiated a voluntary review of the last five years of paid claims to assess the accuracy with which policyholders' claims have been paid. Aflac had planned on reporting its findings to the FSA on March 31, 2007. The recent notification from the FSA, which now includes a review of cash surrender value payments, changes this voluntary program to one that is mandatory and extends the filing deadline to April 13, 2007.

Aflac Chairman and CEO Dan Amos stated: "We are eager to comply with the request made by the FSA, and we have already made significant progress toward completing our claims review. As I have said repeatedly, Aflac is in the business of paying claims, not denying them. Paying claims promptly and fairly has always been, and continues to be, a fundamental element of our business. We look forward to the completion of this project to fully respond to the FSA's request."

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 six consecutive years and in Fortune magazine's list of the 100 Best Companies to Work For in America for nine 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 aflac.com.

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

Analyst and investor contact - Kenneth S. Janke Jr., 800.235.2667 - option 3, FAX: 706.324.6330, or kjanke@aflac.com

Media contact - Laura Kane, 706.596.3493, FAX: 706.320.2288, or lkane@aflac.com

SOURCE Aflac

Analyst and investor contact - Kenneth S. Janke Jr., +1-800-235- 2667 - option 3, or Fax: +1-706-324-6330, or kjanke@aflac.com, or Media contact - Laura Kane, +1-706-596-3493, or Fax: +1-706-320-2288, or lkane@aflac.com, both of Aflac

http://www.aflac.com/