COLUMBUS, Ga., March 12 /PRNewswire-FirstCall/ -- Aflac Incorporated announced today that Akitoshi Kan, chairman of Aflac Japan and Aflac International, will retire on June 30, 2008. Kan will be succeeded as chairman of Aflac Japan by Charles D. Lake II, who currently serves as vice chairman of Aflac Japan. (Logo: http://www.newscom.com/cgi-bin/prnh/20041202/CLTH019LOGO ) Kan joined Aflac Japan's accounting department in 1980, following four years at Cook Levine & Co., a New York accounting firm. In 1997 he was promoted to executive vice president of internal operations for Aflac Japan. In 1999 he joined the Aflac U.S. management team, later being named executive vice president of Aflac U.S. internal operations. He returned to Japan in 2004 and was named president and chief operating officer of Aflac Japan in 2005. He was promoted to chairman of Aflac Japan in 2007. Lake joined Aflac Japan in 1999. He was named deputy president in 2001 and president of Aflac Japan in 2003. He was promoted to vice chairman of Aflac Japan in 2005. Lake serves on the board of directors of the Tokyo Stock Exchange Group, Inc. and as the chairman of the American Chamber of Commerce in Japan. Tohru Tonoike, president and chief operating officer of Aflac Japan, remains in charge of day-to-day operations of Aflac Japan. Commenting on the announcement, Aflac Chairman and Chief Executive Officer Daniel P. Amos said: "It's been my pleasure to have worked with Aki for so many years, and I wish him the very best in his retirement. During Aki's time with Aflac Japan and Aflac U.S., he demonstrated unwavering dedication, and his contributions to our company have been many. Under his direction, we have enhanced the internal operations in both countries over the last several years. And most recently, I am grateful for his work in helping us strengthen our management team in Japan. I also look forward to continued contributions from Charles. He has done an exceptional job focusing on regulatory issues, which helps ensure that we are well-positioned for dealing with structural changes in the marketplace." 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 aflac.com. Analyst and investor contact - Kenneth S. Janke Jr., 800.235.2667 - option 3, FAX: 706.324.6330, or Media contact - Laura Kane, 706.596.3493, FAX: 706.320.2288, or http://www.newscom.com/cgi-bin/prnh/20041202/CLTH019LOGO http://photoarchive.ap.org/ DATASOURCE: Aflac Incorporated CONTACT: Analyst and investor contact, Kenneth S. Janke Jr., +1-800-235-2667 option 3, Fax: +1-706-324-6330, , Media contact, Laura Kane, +1-706-596-3493, Fax: +1-706-320-2288, , both of Aflac Incorporated Web site: http://www.aflac.com/

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