-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 GFTWr8Gt4UtBRsbsEYpXQtJeHKEkmQRL0jtzZ0tV7V85iHme5PfGsdviCtXMiq89
 fhSxEti/p3etbTQpH194ew==

<SEC-DOCUMENT>0001313329-06-000002.txt : 20061130
<SEC-HEADER>0001313329-06-000002.hdr.sgml : 20061130
<ACCEPTANCE-DATETIME>20061130171206
ACCESSION NUMBER:		0001313329-06-000002
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20061120
FILED AS OF DATE:		20061130
DATE AS OF CHANGE:		20061130

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EPLUS INC
		CENTRAL INDEX KEY:			0001022408
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE LESSORS [6172]
		IRS NUMBER:				541817218
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		13595 DULLES TECHNOLOGY DRIVE
		CITY:			HERNDON
		STATE:			VA
		ZIP:			20171-3413
		BUSINESS PHONE:		7039848400

	MAIL ADDRESS:	
		STREET 1:		13595 DULLES TECHNOLOGY DRIVE
		CITY:			HERNDON
		STATE:			VA
		ZIP:			20171-3413

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MLC HOLDINGS INC
		DATE OF NAME CHANGE:	19960906

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Beimler Irving R
		CENTRAL INDEX KEY:			0001313329

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-28926
		FILM NUMBER:		061248904

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		714-730-4407

	MAIL ADDRESS:	
		STREET 1:		17542 EAST 17TH STREET SUITE 200
		CITY:			TUSTIN
		STATE:			CA
		ZIP:			92780
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2006-11-20</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001022408</issuerCik>
        <issuerName>EPLUS INC</issuerName>
        <issuerTradingSymbol>PLUS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001313329</rptOwnerCik>
            <rptOwnerName>Beimler Irving R</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>17542 EAST 17TH STREET SUITE 200</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>TUSTIN</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>92780</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <remarks>AS OF NOVEMBER 20, 2006, IRVING BEIMLER WAS APPOINTED AS AN INDEPENDENT DIRECTOR OF THE ISSUER.  MR. BEIMLER IS AFFILIATED WITH HOVDE CAPITAL ADVISORS LLC, THE BENEFICIAL OWNER OF SECURITIES OF THE ISSUER.  MR. BEIMLER DOES NOT BENEFICIALLY OWN ANY SECURITIES OF THE ISSUER.</remarks>

    <ownerSignature>
        <signatureName>IRVING BEIMLER</signatureName>
        <signatureDate>2006-11-30</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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