EPLUS INC — Director's Dealing 2010

Sep 2, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPLUS INC (PLUS)
CIK: 0001022408
Period of Report: 2010-09-01

Reporting Person: BOWEN BRUCE M (Director, Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-01	Common Stock	S	5000	$18.134	Disposed	354900	Direct
2010-09-02	Common Stock	S	5000	$18.40	Disposed	349900	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	160000	Indirect

Footnotes

F1: The transaction was executed in multiple trades at prices ranging from $18.10 to $18.25 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.

F2: The transaction was executed in multiple trades at prices ranging from $18.22 to $18.49 per share, inclusive. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased and prices at which the transaction was effected.