Argus Research Corp
Banc of America Securities LLC 
Bernstein & Co. Inc.
Citigroup 
Credit Suisse 
Deutsche Banc Securities
Fox-Pitt Kelton Cochran Caronia Waller Securities
Friedman, Billings, Ramsey & Co.
Goldman Sachs & Co.
J.P. Morgan
Keefe, Bruyette & Woods, Inc.
Langen McAlleney
Lehman Brothers
Merrill Lynch
Morgan Stanley
Raymond James 
UBS Securities (US)
Wachovia Securities
William Blair & Company



Aflac Incorporated is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding Aflac Incorporated's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Aflac Incorporated or its management. Aflac Incorporated does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

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