Aflac Press Releases

Aflac Announces Title Sponsorship of Outdoor Games

5/13/2008 10:43:00 AM

Aflac Announces Title Sponsorship of Outdoor Games5/13/2008 10:43:00 AM

Columbus, GA to host collegiate and professional competitions airing nationally on ESPN2 and ESPNU

COLUMBUS, Ga., May 13 /PRNewswire/ -- Aflac announced today that it has signed a two-year agreement as title sponsor of the Aflac Outdoor Games. The inaugural three-day event is scheduled for June 27 - 29, 2008 at the South Commons Softball Complex in Columbus, GA. Aflac Outdoor Games will include a variety of unique outdoor sports and activities including the STIHL(R) TIMBERSPORTS(R) Series which will be nationally televised on ESPN2 and ESPNU.

"We are excited about Aflac's title sponsorship of the Outdoor Games," said Paul Amos II, president and chief operating officer, Aflac U.S. "The event will help showcase Columbus to a national audience while providing families an opportunity to enjoy the great outdoors and witness some exciting sports entertainment."

Aflac Outdoor Games is a combination of several events including the Collegiate and Professional Championships of the STIHL(R) TIMBERSPORTS(R) Series, a competition consisting of eight competitive events that challenge competitors in the arenas of strength, endurance, stamina, tool skill and agility.

Aflac Outdoor Games has partnered with STIHL(R) to bring the STIHL(R) TIMBERSPORTS(R) Series to Columbus in 2008 and 2009. The events include Hot Saw, Stock Saw, Underhand Chop, Standing Chop, Single Buck Saw, Speed Climb, Springboard and the Boom Run. In addition to the STIHL(R) TIMBERSPORTS(R) Series, the Aflac Outdoor Games will be host to national and local barbeque cooking contests as well as sporting competitions for dogs. The 2008 Pig Bowl event will be officially endorsed by the Kansas City Barbeque Society, an organization that has sanctioned almost 300 barbeque contests throughout the United States. The dog competitions will include champion Agility Dog demonstrations, and a "DockDogs" event in which canines leap from a platform across a pool of water. Both the barbeque contest and DockDogs will have open competitions for local residents.

"This is a great opportunity for Columbus to have such a world-class event come to the area," said Warner Neal, president for Outdoor Events. "With a national television audience, there will be a great amount of exposure. This is a terrific opportunity not only for Columbus, but for the surrounding community."

Advance tickets per day are $10 for adults and $5 for children ages 5-12. Admission is free for children under 5 years of age. Passes, family and multi-day packages, and military rates are available.

To order tickets or for more information on the events, including registering for the amateur division of the barbecue competition or to register dogs for the Dock Dogs competition, please visit Aflacoutdoorgames.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:

    Tim Turner, Aflac              Mechell Clark, Aflac
    Phone: 706.575.3286            Phone: 706-243-8004
    E-mail: trturner@aflac.com     Email:  meclark@aflac.com

SOURCE Aflac

CONTACT: Tim Turner, +1-706-575-3286, trturner@aflac.com, or Mechell
Clark, +1-706-243-8004, meclark@aflac.com, both of Aflac/
/Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20041202/CLTH019LOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com/
/Web site: http://Aflacoutdoorgames.com
http://www.aflac.com /
(AFL)

Aflac Incorporated to Webcast 2008 Financial Analysts Briefing

5/7/2008 2:10:00 PM

Aflac Incorporated to Webcast 2008 Financial Analysts Briefing5/7/2008 2:10:00 PM

COLUMBUS, Ga., May 7 /PRNewswire-FirstCall/ -- Aflac Incorporated (NYSE: AFL) announced today that it will webcast its annual Financial Analysts Briefing on May 14 and 15, 2008. Aflac's management will discuss its operations in Japan and in the United States as well as the company's earnings outlook. The schedule of the business meeting webcast is as follows:

    Wednesday, May 14, 2008
    8:00 p.m.  A Strategic Overview of Aflac
               Daniel P. Amos, Chairman & CEO, Aflac Incorporated

    Thursday, May 15, 2008
    8:15 a.m.  Opening Remarks
               Kenneth S. Janke Jr.
    8:30       Introduction to Aflac Japan
               Tohru Tonoike
    8:50       Japan's Regulatory Environment
               Charles D. Lake II
    9:10       Aflac Japan Marketing and Sales
               Takaaki Matsumoto
    9:35       Aflac Japan Bank Channel Sales
               Hisayuki Shinkai
    10:05      Aflac Japan Administration
               Hiroshi Yamauchi
    10:25      Aflac Japan Investments
               W. Jeremy "Jerry" Jeffery
    10:45      Aflac Japan Financial Results
               Yuji Arai
    11:10      Question & Answer Session
    1:05 p.m.  Introduction to Aflac U.S.
               Paul S. Amos II
    1:30       Aflac U.S. Sales
               Ronald E. Kirkland
    1:45       Aflac U.S. Training
               J. Lance Osborne
    2:00       Aflac U.S. Internal Operations
               Teresa L. White
    2:15       Aflac U.S. Investments
               Mary Ellen Keim
    2:45       Aflac U.S. Financial Results
               Ralph A. Rogers Jr.
    3:10       Product Pricing and Reserving
               Susan R. Blanck
    3:30       Aflac Incorporated Overview
               Kriss Cloninger III
    3:55       Question & Answer Session

The presentations, which include the slides, will be available via webcast. If you would like to sign up for the webcast, you may do so by visiting aflac.com and clicking on the Investors page. You will need to register for the event, so please allow yourself five to seven minutes to sign up prior to the scheduled start time. An archive of the presentations will be available on aflac.com for two weeks beginning on May 15 at 5:00 p.m.

(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 Incorporated

CONTACT: Analyst and Investor, Kenneth S. Janke Jr., +1-800-235-2667, option 3, +1-706-324-6330 fax, kjanke@aflac.com; Media, Laura Kane, +1-706-596-3493, +1-706-320-2288 fax, lkane@aflac.com

Aflac Shareholders Have Their 'Say-on-Pay,'

5/6/2008 10:38:00 AM

Aflac Shareholders Have Their 'Say-on-Pay,'5/6/2008 10:38:00 AM

Overwhelmingly Endorse Performance-Based Compensation

COLUMBUS, Ga., May 6 /PRNewswire/ -- In a historic vote yesterday, the shareholders of Aflac Incorporated overwhelmingly approved the company's pay-for-performance compensation policies and procedures. 93% of votes were cast in favor with only 2.5% against Aflac's compensation practices in a vote commonly referred to as "Say-on-Pay."

In March 2008, Aflac Incorporated's board of directors released the proxy statement language that formally invited shareholders to vote on the company's performance-based compensation policies. This action marked the first time shareholders were empowered to vote on executive compensation for an American public company.

"At Aflac we have long believed in performance-based compensation for all of our employees," said Daniel P. Amos, Aflac Chairman and CEO. "I am proud that Aflac's long history of transparency and strong shareholder returns are appreciated by our owners."

From August 1990, when Mr. Amos became CEO of Aflac Incorporated, through the end of 2007, the company's total return to shareholders, including reinvested cash dividends, has exceeded 3,867%, compared with 694% for the Dow Jones Industrial Average and 583% for the S&P 500. During the same period, the company's market value has grown from $1.2 billion to more than $30 billion, with total revenues growing from $2.7 billion in 1990 to $15.4 billion in 2007.

About Aflac:

SOURCE Aflac Incorporated

CONTACT: Media Contacts, Laura Kane, +1-706-596-3493, lkane@aflac.com, Jon Sullivan, +1-706-763-4813, jsullivan@aflac.com, Analyst and Investment Contact, Kenneth S. Janke Jr., +1-800-235-2667, Option 3, +1-706-324-6330 (Fax), kjanke@aflac.com, all of Aflac Incorporated

Aflac and the American Association for Cancer Research Unite to Issue Inaugural Aflac Career Development Award for Childhood Cancer Research

4/29/2008

Aflac and the American Association for Cancer Research Unite to Issue Inaugural Aflac Career Development Award for Childhood Cancer Research 4/29/2008

COLUMBUS, Ga., April 29 /PRNewswire/ -- Aflac and the American Association for Cancer Research (AACR) today announced the presentation of the first-ever AACR Career Development Award for Childhood Cancer Research, endowed by Aflac to aid in the fight to cure pediatric cancer. The award, which includes a two-year grant of $55,000 per year, was presented at AACR's Annual Meeting in San Diego, Calif., to Dr. Charles G. Mullighan, a hematologist and hematopathologist pursuing research in the area of molecular biology of acute leukemia. Dr. Mullighan conducts his research at the St. Jude Children's Research Hospital, a world-renowned cancer research facility located in Memphis, Tenn.

Dr. Mullighan was recommended for the Career Development Award by Dr. James R. Downing, scientific director and chairman of the Pathology Department at St. Jude. Dr. Downing noted that Dr. Mullighan as an outstanding candidate for having conducted a three-year pioneering study performing genomic profiling of pediatric acute leukemia.

"At Aflac, we believe that the road to conquering cancer is paved by the best and brightest of our young scientists," said Aflac Foundation President Kathelen Amos. "Aflac is proud to provide this endowment, which will enable young cancer research pioneers to continue their studies until we find a cure."

Praising Aflac's alliance, AACR Chief Executive Officer Margaret Foti, Ph.D., M.D. (h.c.), said, "For the past decade, Aflac has invested in helping young scientists and doctors get the training they need at our national meetings. Now, they have taken a giant step by supporting researchers in childhood cancers. Together, AACR and Aflac will make a difference in the lives of patients and their families."

In addition to the Career Development Award for Childhood Cancer Research, Aflac is a longtime supporter of the AACR's Scholar in Training Awards program, having contributed more than $1 million since 1997 and given more than 750 Scholar in Training Awards to deserving scientists. Aflac is also committed to enhancing the lives of children through excellence in patient care, research and education at the Aflac Cancer Center and Blood Disorders Service of Children's Healthcare of Atlanta. Children's, one of the top three pediatric healthcare systems in the country, is a not-for-profit organization that benefits from the generous philanthropic and volunteer support of the community. Visit http://www.aflaccancercenter.org or call 404-250-KIDS for more information.

About Aflac

About AACR

Founded in 1907, the AACR is a professional society of more than 22,000 laboratory and clinical scientists engaged in cancer research in the United States, Canada and more than 60 other countries. AACR's mission is to accelerate the prevention and cure of cancer through research, education, communication and advocacy. Its principal activities include the publication of five leading peer-reviewed scientific journals (Cancer Research, Clinical Cancer Research, Molecular Cancer Research, Cancer Epidemiology, Biomarkers & Prevention and Molecular Cancer Therapeutics).

About Dr. Charles Grenfell Mullighan

Dr. Charles Grenfell Mullighan, a native of South Australia, is a hematologist and hematopathologist pursuing research in the molecular biology of acute leukemia. He completed his hematology fellowship in Australia in January 2004 and has served as a Physician Scientist Postdoctoral Fellow in the laboratory of Dr. James Downing, Department of Pathology, St. Jude Children's Research Hospital.

Media Contact:
Jon A. Sullivan
Aflac Incorporated
706.763.4813
jsullivan@aflac.com

Kenneth S. Janke Jr.
Aflac Incorporated
1.800.235.2667, Option 3;
Fax: 706.324.6330
kjanke@aflac.com

Aflac Incorporated Announces First Quarter Results, Declares Second Quarter Cash Dividend

4/23/2008 4:11:00 PM

Aflac Incorporated Announces First Quarter Results, Declares Second Quarter Cash Dividend4/23/2008 4:11:00 PM

COLUMBUS, Georgia, April 23 /PRNewswire-FirstCall/ -- Aflac Incorporated today reported its first quarter results.

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

Total revenues were $4.3 billion during the first quarter of 2008, compared with $3.8 billion in the first quarter of 2007. Net earnings were $474 million, or $.98 per diluted share, compared with $416 million, or $.84 per share, a year ago. Net earnings included realized investment losses of $4 million, or $.01 per diluted share, compared with $9 million of realized gains, or $.02 per diluted share a year ago. The impact on net earnings from the change in fair value of the interest rate component of the cross-currency swaps related to the company's senior notes, as required by SFAS 133, increased net earnings by $3 million, or $.01 per diluted share in the first quarter of 2008. The impact from SFAS 133 was immaterial in the first quarter of 2007.

We believe that an analysis of operating earnings, a non-GAAP financial measure, is vitally important to an understanding of Aflac's underlying profitability drivers. We define operating earnings as the profits we derive from our operations before realized investment gains and losses, the impact from SFAS 133, and nonrecurring items. Management uses operating earnings to evaluate the financial performance of Aflac's insurance operations because realized gains and losses, the impact from SFAS 133, and nonrecurring items tend to be driven by general economic conditions and events, and therefore may obscure the underlying fundamentals and trends in Aflac's insurance operations.

Furthermore, because a significant portion of our business is in Japan, where our functional currency is the Japanese yen, we believe it is equally important to understand the impact on operating earnings from translating yen into dollars. We translate Aflac Japan's yen-denominated income statement from yen into dollars using an average exchange rate for the reporting period, and we translate the balance sheet using the exchange rate at the end of the period. However, except for a limited number of transactions, we do not actually convert yen into dollars. As a result, we view foreign currency translation as a financial reporting issue for Aflac and not as an economic event to our company or shareholders. Because changes in exchange rates distort the growth rates of our operations, we also encourage readers of our financial statements to evaluate our financial performance excluding the impact of foreign currency. The chart at the end of this release presents a comparison of selected income statement items with and without foreign currency changes to illustrate the effect of currency.

Operating earnings in the first quarter of 2008 were $475 million, compared with $407 million in the first quarter of 2007. Operating earnings per diluted share rose 19.5% in the quarter to $.98, compared with $.82 a year ago. The stronger yen/dollar exchange rate increased operating earnings per diluted share by $.05 during the quarter. Excluding the impact from the stronger yen, operating earnings per share increased 13.4%.

During the first quarter, we acquired 12.5 million shares of Aflac stock through a previously announced accelerated share repurchase program. At the end of the first quarter, we had approximately 43 million shares available for repurchase under authorizations by the board of directors.

AFLAC JAPAN

Aflac Japan's financial results in the first quarter were solid and consistent with our expectations. Total revenues rose 2.7%. Premium income in yen increased 3.6% in the first quarter of 2008, and net investment income rose .2%. Investment income growth in yen terms was suppressed by the stronger yen/dollar exchange rate because approximately 37% of Aflac Japan's first quarter investment income was dollar-denominated. Excluding the impact of the stronger yen, Aflac Japan's net investment income rose 5.1%. Due to the continued improvement in the benefit ratio, the pretax operating profit margin expanded from 17.6% to 18.0%. As a result, pretax operating earnings in yen were up 4.8%. Adjusting for the impact of the stronger yen on Aflac Japan's dollar-denominated investment income, pretax earnings rose 10.6%.

The average yen/dollar exchange rate in the first quarter of 2008 was 105.06, compared with an average rate of 119.48 in the first quarter of 2007. Aflac Japan's growth rates in dollar terms were significantly enhanced as a result of the 13.7% strengthening of the average exchange rate during the quarter.

Total revenues were $3.1 billion, an increase of 16.6%. Premium income in dollars was $2.6 billion in the first quarter, up 17.7% over a year ago. Net investment income rose 13.7% to $496 million. Pretax operating earnings climbed 19.2% in the quarter to $554 million.

Aflac Japan produced better-than-expected sales in the first quarter. Total new sales increased 5.0% to 27.6 billion yen, or $264 million in the first quarter. We had anticipated that first quarter sales growth would be below our annual objective due primarily to an expected slow start in the recently opened bank channel. Bank channel sales were 276 million yen, or just 1% of total new sales in the first quarter. However, as the year progresses, we expect to see further sales gains in the bank channel. By April 1, 2008, 90 banks had agreed to offer our products to their customers. Sales in the quarter benefited from significant improvement in our stand-alone medical insurance sales. Medical sales were up 17.6% and reflected a strong contribution from Gentle EVER, our nonstandard medical product. We were also pleased with the growth of cancer insurance sales, which reflected the success of our new Cancer Forte product.

AFLAC U.S.

Aflac U.S. produced strong financial results in the first quarter. Total revenues were up 8.4% to $1.2 billion. Premium income increased 9.3% to $1.1 billion. In late 2007, we transferred $450 million from Aflac U.S. to Aflac Incorporated, which resulted in reduced invested assets and slower investment income growth for Aflac U.S. in the first quarter. Net investment income rose 1.3% to $123 million. Pretax operating earnings were $191 million, an increase of 12.6% over the first quarter of 2007.

As expected, Aflac U.S. sales were weak in the first quarter. Total new annualized premium sales were $353 million, or .4% above the first quarter of 2007. Our sales results primarily reflected a sharp decline in January due to an administrative change in the processing of conversions. That processing change shifted approximately $8 million of conversion premium from the first quarter of this year to the fourth quarter of 2007. Sales improved in February and March, rising at mid-single-digit rates. The hospital indemnity category continued to perform well, increasing 14.3% for the first three months of the year.

We remain committed and focused on enhancing the distribution side of our business. We were pleased with recruitment in the quarter. We recruited approximately 6,500 new sales associates, an increase of 8.6%, compared with a year ago. The number of average weekly producing sales associates rose .2% in the quarter.

DIVIDEND

The board of directors declared the second quarter cash dividend of $.24 per share. The second quarter dividend is payable on June 2, 2008, to shareholders of record at the close of business on May 21, 2008.

OUTLOOK

Commenting on the company's first quarter results, Chairman and Chief Executive Officer Daniel P. Amos stated: "Although we have completed just one quarter, I believe we are on track for another record year from a financial perspective.

"Aflac Japan posted a very good quarter, producing financial results that were consistent with our targets. We were especially pleased to see a continued recovery in new sales. Our sales increase of 5.0% exceeded our expectations. Furthermore, the addition of banks as a distribution channel should help Aflac Japan achieve its sales objective of a 3% to 7% increase in yen for 2008.

"Our financial results for Aflac U.S. were also good. Our top line was consistent with our outlook and pretax operating earnings were better than expected, although we anticipated our sales would be a bit higher. However, from the start of February through the third week of April, our U.S. sales increased 6.5%. It will clearly be more challenging to achieve our 2008 sales objective of an 8% to 12% increase, but we still believe it is attainable.

"As a result of our solid first quarter, our increased confidence has allowed us to narrow our target from a 13% to 15% increase in operating earnings per diluted share this year, before the effect of foreign currency, to a 14% to 15% increase. A 14% to 15% increase would result in $3.73 to $3.76 in reported operating earnings per diluted share, assuming the same average exchange rate in 2008, compared with 2007. However, so far this year the yen is significantly stronger to the dollar than it was a year ago. If the stronger yen persists throughout the year, it will favorably impact our reported results in dollar terms. Assuming the yen averages 100 to 105 for the year, we would expect to report operating earnings per diluted share of $3.95 to $4.09 in 2008. Using that same exchange rate assumption, we would expect second quarter operating earnings to be $1.00 to $1.02 per diluted share."

A copy of Aflac's Financial Analysts Briefing (FAB) supplement for the first quarter of 2008 can be found on the "Investors" page at aflac.com.

Aflac Incorporated will webcast its first quarter conference call on the "Investors" page of aflac.com at 9:00 a.m. (EDT) on Thursday, April 24.



        AFLAC INCORPORATED AND SUBSIDIARIES CONDENSED INCOME STATEMENT
      (UNAUDITED - IN MILLIONS, EXCEPT FOR SHARE AND PER-SHARE AMOUNTS)

    THREE MONTHS ENDED MARCH 31,               2008         2007      % Change

    Total revenues                            $4,267       $3,751       13.8%

    Benefits and claims                        2,538        2,258       12.4

    Total acquisition and operating expenses   1,003         857        17.0

    Earnings before income taxes                 726         636        14.1

    Income taxes                                 252         220

    Net earnings                                $474        $416        13.9%

    Net earnings per share - basic              $.99        $.85        16.5%

    Net earnings per share - diluted             .98         .84        16.7

    Shares used to compute earnings per
     share (000):
       Basic                                 478,138     490,554        (2.5)%
       Diluted                               484,417     496,658        (2.5)

    Dividends paid per share                    $.24       $.185        29.7%



         AFLAC INCORPORATED AND SUBSIDIARIES CONDENSED BALANCE SHEET
             (UNAUDITED - IN MILLIONS, EXCEPT FOR SHARE AMOUNTS)

    MARCH 31,                                  2008        2007       % Change

    Assets:

    Total investments and cash               $62,788     $53,268        17.9%

    Deferred policy acquisition costs          7,354       6,157        19.4

    Other assets                               2,127       1,767        20.4

       Total assets                          $72,269     $61,192        18.1%

    Liabilities and shareholders' equity:

    Policy liabilities                       $57,796     $46,651        23.9%

    Notes payable                              1,606       1,434        12.0

    Other liabilities                          4,733       4,618         2.5

    Shareholders' equity                       8,134       8,489        (4.2)

       Total liabilities and shareholders'
        equity                               $72,269     $61,192        18.1%

    Shares outstanding at end of
     period (000)                            475,091     488,832        (2.8)%



             RECONCILIATION OF OPERATING EARNINGS TO NET EARNINGS
           (UNAUDITED - IN MILLIONS, EXCEPT FOR PER-SHARE AMOUNTS)

    THREE MONTHS ENDED MARCH 31,                2008        2007     % Change

    Operating earnings                          $475        $407        16.6%

    Reconciling items, net of tax:
       Realized investment gains (losses)         (4)          9
       Impact from SFAS 133                        3           -

    Net earnings                                $474        $416        13.9%

    Operating earnings per diluted share        $.98        $.82        19.5%

    Reconciling items, net of tax:
       Realized investment gains (losses)       (.01)        .02
       Impact from SFAS 133                      .01           -

    Net earnings per diluted share              $.98        $.84        16.7%



               EFFECT OF FOREIGN CURRENCY ON OPERATING RESULTS(1)
                   (SELECTED PERCENTAGE CHANGES, UNAUDITED)

    THREE MONTHS ENDED MARCH 31, 2008                 Including     Excluding
                                                      Currency      Currency
                                                      Changes       Changes(2)

    Premium income                                      15.2%          5.4%

    Net investment income                               10.9           4.3

    Total benefits and expenses                         13.7           4.1

    Operating earnings                                  16.6          10.5

    Operating earnings per diluted share                19.5          13.4


    (1) The numbers in this table are presented on an operating basis, as
        previously described.
    (2) Amounts excluding currency changes were determined using the same
        yen/dollar exchange rate for the current period as the comparable
        period in the prior year.



                 2008 OPERATING EARNINGS PER SHARE SCENARIOS

     Average               Annual
    Exchange             Operating              % Growth              Yen
      Rate                  EPS                 Over 2007           Impact

      100              $4.06 - 4.09            24.2 - 25.1%           $.33

      105               3.95 - 3.98            20.8 - 21.7             .22

      110               3.86 - 3.89            18.0 - 19.0             .13

      115               3.78 - 3.81            15.6 - 16.5             .05

      117.93*           3.73 - 3.76            14.1 - 15.0               -

      120               3.70 - 3.73            13.1 - 14.1            (.03)

      125               3.63 - 3.66            11.0 - 11.9            (.10)

    *Actual 2007 weighted-average exchange rate

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" to encourage companies to provide prospective information, so long as those informational statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those included in the forward-looking statements. We desire to take advantage of these provisions. This document contains cautionary statements identifying important factors that could cause actual results to differ materially from those projected herein, and in any other statements made by company officials in communications with the financial community and contained in documents filed with the Securities and Exchange Commission (SEC).

Forward-looking statements are not based on historical information and relate to future operations, strategies, financial results or other developments. Furthermore, forward-looking information is subject to numerous assumptions, risks, and uncertainties. In particular, statements containing words such as "expect," "anticipate," "believe," "goal," "objective," "may," "should," "estimate," "intends," "projects," "will," "assumes," "potential," "target" or similar words as well as specific projections of future results, generally qualify as forward-looking. Aflac undertakes no obligation to update such forward-looking statements. We caution readers that the following factors, in addition to other factors mentioned from time to time could cause actual results to differ materially from those contemplated by the forward- looking statements: legislative and regulatory developments, including changes to health care and health insurance delivery; assessments for insurance company insolvencies; competitive conditions in the United States and Japan; new product development and customer response to new products and new marketing initiatives; ability to attract and retain qualified sales associates and employees; ability to repatriate profits from Japan; changes in U.S. and/or Japanese tax laws or accounting requirements; credit and other risks associated with Aflac's investment activities; significant changes in investment yield rates; fluctuations in foreign currency exchange rates; deviations in actual experience from pricing and reserving assumptions including, but not limited to, morbidity, mortality, persistency, expenses and investment yields; level and outcome of litigation; downgrades in the company's credit rating; changes in rating agency policies or practices; subsidiary's ability to pay dividends to the parent company; ineffectiveness of hedging strategies; catastrophic events; and general economic conditions in the United States and Japan, including increased uncertainty in the U.S. and international financial markets.

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 Incorporated

Aflac Incorporated To Release First Quarter Results on April 23, 2008

4/16/2008 3:44:00 PM

Aflac Incorporated To Release First Quarter Results on April 23, 20084/16/2008 3:44:00 PM

COLUMBUS, Ga., April 16 /PRNewswire-FirstCall/ -- Aflac Incorporated (NYSE: AFL) announced today that it will release first quarter financial results after the market closes on April 23, 2008.

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

In conjunction with the earnings release, Aflac Incorporated will webcast a conference call scheduled for 9:00 a.m. (EDT) on April 24, 2007. During the teleconference, Aflac Incorporated Chairman and CEO Dan Amos will discuss first quarter results and the outlook for 2008. Other Aflac executives will be available to answer questions, including Aflac Incorporated President and CFO Kriss Cloninger; President and COO of Aflac Japan Tohru Tonoike; President of Aflac and COO of Aflac U.S. Paul Amos II; and Senior Vice President and CIO Jerry Jeffery.

To listen to the first quarter conference call webcast, visit aflac.com and click on the Investors page. Registration is required, so please allow five to seven minutes to sign up prior to the scheduled start time.

SOURCE Aflac Incorporated

CONTACT: Analysts and investors, Kenneth S. Janke Jr., +1-800-235-2667 - option 3, or fax, +1-706-324-6330, kjanke@aflac.com; Media, Laura Kane, +1-706-596-3493, or fax, +1-706-320-2288, lkane@aflac.com, both of Aflac Incorporated

Aflac Incorporated Named to the Forbes Magazine Global 2000 List for Fifth Consecutive Year

4/11/2008 12:40:00 PM

Aflac Incorporated Named to the Forbes Magazine Global 2000 List for Fifth Consecutive Year4/11/2008 12:40:00 PM

Insurer ranked among the world's biggest and best-performing companies

COLUMBUS, Ga., April 11 /PRNewswire/ -- Aflac ranked 256 on Forbes magazine's list of the World's Biggest Companies, the Global 2000. The Global 2000 companies account for $30 trillion in revenues, $2.4 trillion in profits and $119 trillion in assets.

The list also identified Aflac as a member of the Global High Performers list. In order to qualify for this important subset of the Global 2000, a company must stand out among its industry peers in terms of growth, return to investors and future prospects.

"Aflac's placement on this list is a continued tribute to our company's financial strength and to our track record of performance as we provide innovative insurance policies to more than 40 million people around the world," said Daniel P. Amos, Aflac Chairman and CEO.

As of Dec. 31, 2007, Aflac had revenues of $15.4 billion, and its market capitalization was more than $30 billion with assets of more than $65 billion.

Other major Georgia companies included in the ranking are The Coca-Cola Company, The Home Depot and Southern Company. Nationally and internationally known companies on the Forbes list include McDonald's, Berkshire Hathaway and Walt Disney.

About Aflac:

SOURCE Aflac

Contact: Media, Laura Kane, +1-706-596-3493, lkane@aflac.com, or Analyst and Investment, Kenneth S. Janke Jr., +1-800-235-2667, Option 3; Fax: +1-706-324-6330, kjanke@aflac.com, both of Aflac Incorporated

Carl Edwards and the Aflac Duck Bring Home the Checkered Flag

4/6/2008

Carl Edwards and the Aflac Duck Bring Home the Checkered Flag4/6/2008

Edwards and the Aflac No. 99 Ford Fusion Win Samsung 500 at Texas Motor Speedway

FORT WORTH, Texas, April 6, 2008 – Carl Edwards celebrated in Victory Lane today with the Aflac Duck and his No. 99 Aflac Ford Fusion at Texas Motor Speedway. Edwards, with his famous feathered co-pilot, convincingly won the Samsung 500 in Fort Worth, Texas. Edwards, who won for a Sprint Cup Series-leading third time this season, moves into 10th place in the Chase with 881 points. By winning three of his first seven races of the season, Edwards matches a feat achieved by Jimmie Johnson on his way to winning the Cup championship in 2007. This also was Edwards' second career win at Texas Motor Speedway.

“We are thrilled to help Carl celebrate his third victory of the 2008 season,” said Paul Amos II, president and chief operating officer, Aflac U.S. “It was an incredible feeling watching the Aflac No. 99 paint scheme cross the finish line. We truly enjoy working with Carl, Roush-Fenway Racing and NASCAR, and we look forward to seeing the Aflac Duck and Carl doing backflips through the remainder of the season.”

Edwards, who led for 123 laps, held off Jimmie Johnson on a two-lap overtime sprint to capture his series-best third win of the season, and first win for Aflac this year. Dominating the field for the majority of the race, Edwards at one point had a lead of seven seconds ahead of Johnson. Johnson had a chance to steal the victory from Edwards with two late cautions – one for debris with 39 laps to go and one for oil on the track with five to go, but Edwards held strong. This victory for Edwards marks his first victory in the No. 99 Aflac Ford Fusion. Aflac is the primary sponsor for eight Cup races in 2008. The remaining races include: the Subway Fresh Fit 500 at Phoenix International Raceway, the Pocono 500 at Pocono Raceway, the Coke Zero 400 at Daytona International Speedway, the Allstate 400 at Indianapolis Motor Speedway, the Pepsi 500 at Auto Club Speedway and the Bank of America 500 at Lowe's Motor Speedway.

Racing fans can visit www.AflacRacing.com for Edwards' take on each track, promotions, screen savers and other features; and, they can register on the site to win a VIP experience and meet Edwards at the All-Star Race in Charlotte, N.C., May 15-18. Included in the prize is round-trip airfare for two to Charlotte, N.C., four-day, three-night hotel accommodations, a meet-and-greet with Edwards and $500 spending cash. The contest ends on April 10, so fans should race on over to register.

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 consecutive 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 Roush Fenway Racing:

Roush Fenway Racing operates 13 full-time motorsports teams, five in NASCAR Sprint Cup with drivers Matt Kenseth, Jamie McMurray, Greg Biffle, Carl Edwards and David Ragan; four in the Nationwide Series with Kenseth, Biffle, Edwards, McMurray, Ragan, Erik Darnell and Colin Braun; three in the Craftsman Truck Series with Darnell, Braun and Joey Clanton; and one in the ARCA RE/MAX Series with Ricky Stenhouse, Jr. For more information on any of the Roush Fenway Racing teams, log onto www.RoushFenway.com. For sponsorship inquiries, please contact Robin Johnson at 704.720.4645.

For More Information Contact:

Tim Turner, Aflac
Phone: 706.575.3286
E-mail: trturner@aflac.com

Randy Fuller, Roush Fenway Racing
Phone: 704.720.4635
E-mail: rfuller@roushfenway.com

Aflac Gets Down to Business with New Advertising Campaign

4/3/2008 10:32:00 AM

Aflac Gets Down to Business with New Advertising Campaign4/3/2008 10:32:00 AMInsurer launches integrated ad campaign aimed at business ownersCOLUMBUS, Ga., April 3, 2008, 2008 /PRNewswire via COMTEX News Network/ -- Today Aflac announced the launch of its new integrated advertising campaign aimed at engaging business owners and benefits decision-makers. The new business-to-business campaign, called "Aflac for Business," features television, print, online and radio components showcasing how Aflac can help serve as a benefits solution provider for companies of all sizes.

The Aflac for Business campaign is a part of the insurer's continued marketing strategy to reach a variety of audiences, including the business community. The new ads are also an evolution in the role of the Aflac Duck, which in the past has primarily communicated directly to consumers. Using a more targeted message toward business owners and benefits professionals, the new campaign will feature the Aflac Duck demonstrating how Aflac insurance policies can assist with attracting and retaining employees as well as complement existing insurance plans at no direct cost to a company.

"Aflac understands the challenges that business owners and benefits decision-makers face each day in growing their companies while making choices that best serve their employees," said Paul Amos II, president and chief operating officer, Aflac U.S. "Our new campaign is designed to illustrate how essential Aflac products are to a company's benefits package because they come at no direct cost to employers and can help attract and retain employees."

As in previous ads, fans of the Aflac Duck will find the brand icon in the most unlikely scenarios. Both print and radio ads from the new campaign feature the Aflac Duck in a variety of business settings, including a hospital nursery, a mechanic's garage and an ice cream parlor.

Aflac will debut new business-to-business television ads in the spring. Currently, Aflac serves more than 400,000 businesses in the U.S. For more information, visit aflacforbusiness.com.

The new advertising was created by the Kaplan Thaler Group, the New York- based agency that originated the Aflac Duck campaign.

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. Its 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 also has 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.

Media Contact:
Mechell Clark
Aflac Incorporated
(706) 243-8004
meclark@aflac.com

SOURCE Aflac

First 'Say-on-Pay' Vote Goes to Aflac Shareholders

3/25/2008 8:04:00 AM

First 'Say-on-Pay' Vote Goes to Aflac Shareholders3/25/2008 8:04:00 AM

COLUMBUS, Ga., March 25 /PRNewswire/ -- Aflac Incorporated's board of directors has released the proxy statement language formally inviting shareholders to vote on the company's performance based compensation. The action marks the first time shareholders will vote on executive compensation for a major American public company. Aflac will announce the results of the vote on May 5, 2008, during the annual shareholders meeting in Columbus, Georgia, where the company is headquartered.

"Aflac has always been committed to listening to its shareholders," said Daniel P. Amos, Aflac Chairman and CEO. "The upcoming 'say-on-pay' proposal demonstrates that we care about what our shareholders think, even on topics as sensitive as compensation."

In February 2007, Aflac announced the shareholder vote would occur in 2009, the first year executive compensation tables in the proxy statement would contain three years of data reflecting the Securities and Exchange Commission's (SEC) new compensation disclosure requirements implemented during the 2006 proxy season. However, after evaluating Aflac's compensation disclosures in the 2007 proxy statement, the board of directors concluded that two years of comparable compensation data would be adequate for its shareholders, and the timing of the first "say-on-pay" vote moved from 2009 to 2008.

In Aflac's just-released 2008 proxy statement, the executive compensation committee explains, "We believe that our compensation policies and procedures are centered on a pay-for-performance culture and are strongly aligned with the long-term interests of our shareholders." The proxy is available at www.aflac.com/shareholdermeeting.

From August 1990, when Amos was appointed as Aflac's chief executive officer, through December 2007, the company's total return to shareholders, including reinvested cash dividends, has exceeded 3,867 percent, compared with 660 percent for the Dow Jones Industrial Average and 549 percent for the S&P 500. During the same period, the company's market value has grown from $1.2 billion to $30.5 billion.

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. Its 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 also has 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.

SOURCE Aflac Incorporated

CONTACT: Media: Laura Kane, +1-706-596-3493, lkane@aflac.com; Analyst and Investment: Kenneth S. Janke Jr., +1-800-235-2667, Option 3, Fax, +1-706-324-6330, kjanke@aflac.com, both of Aflac Incorporated