Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
BABB HENRY C
 2. Issuer Name and Ticker or Trading Symbol
ALLIANCE ONE INTERNATIONAL, INC. [AOI] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP CHIEF LEGAL OFFICER & SEC
(Last)
(First)
(Middle)

C/O ALLIANCE ONE INTERNATIONAL, INC., 1108 WINDEMERE DR.		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
03/31/2006
(Street)


WILSON, NC 27896		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock 08/22/2005 08/22/2005 G 1,950 D $ (9) 50,523 (1) (2) D  
Common Stock             1,501 (2) (3) I 401(k)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
NON-QUALFIED STOCK OPTION - RIGHT TO BUY $ 6.3           08/13/2003(4) 08/13/2012 Common Stock
9,000
  9,000
D
 
NON-QUALFIED STOCK OPTION - RIGHT TO BUY $ 5.83           08/14/2002(5) 08/14/2011 Common Stock
9,000
  9,000
D
 
NON-QUALFIED STOCK OPTION - RIGHT TO BUY $ 1.67           08/10/2000(6) 08/10/2006 Common Stock
9,000
  0
D
 
NON-QUALIFIED STOCK OPTION - RIGHT TO BUY $ 5.8           06/11/2004(7) 06/11/2013 Common Stock
9,000
  9,000
D
 
Incentive Stock Option - Right to Buy $ 3.96           08/30/2006(8) 08/30/2015 Common Stock
15,000
  15,000
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BABB HENRY C
C/O ALLIANCE ONE INTERNATIONAL, INC.
1108 WINDEMERE DR.
WILSON, NC 27896		       SVP CHIEF LEGAL OFFICER & SEC  

Signatures

Henry C. Babb, Attorney-in-Fact 05/12/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes 659 shares acquired by the Reporting Person between April 1, 2005 and March 31, 2006 under the Issuers Dividend Reinvestment Plan.
(2) The totals vary from last filing due to mathematical and recordkeeping errors.
(3) Includes 1485 shares of the Issuer's Common Stock under the 401(k) plan acquired by the Reporting Person between April 1, 2005 and March 31, 2006.
(4) The shares underlying this option become exercisable one-fourth on each of the four anniversaries of August 13, 2002, the date of the grant, subject to continued employment.
(5) The shares underlying this option become exercisable one-fourth on each of the four anniversaries of August 14, 2001, the date of thegrant, subject to continued employment.
(6) The shares underlying this option became exercisable one-fourth on each of the four anniversaries of August 10, 1999, the date of the grant, subject to continued employment.
(7) The shares underlying this option become exercisable one-fourth on each of the four anniversaries of June 11, 2003, the date of the grant, subject to continued employment.
(8) The shares underlying this option become exercisable one-fourth on each of the four anniversaries of August 30, 2005, the date of the grant, subject to continued employment.
(9) Bonafide gift to emancipated adult daughter

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