X0202 3 2005-05-12 0 0001022408 EPLUS INC PLUS 0001019966 HOVDE STEVEN D 1629 COLONIAL PARKWAY INVERNESS IL 60067 0 0 1 0 COMMON STOCK 328719 I SEE FOOTNOTE 1 COMMON STOCK 39170 I SEE FOOTNOTE 2 COMMON STOCK 221271 I SEE FOOTNOTE 3 COMMON STOCK 194736 I SEE FOOTNOTE 4 COMMON STOCK 56225 I SEE FOOTNOTE 5 COMMON STOCK 30000 I SEE FOOTNOTE 6 COMMON STOCK 19000 I SEE FOOTNOTE 7 COMMON STOCK 17000 I SEE FOOTNOTE 8 The Shares are beneficially owned indirectly by Steven D. Hovde as a Member of Hovde Capital, L.L.C., the General Partner to Financial Institution Partners II, L.P., the direct owner. The Shares are beneficially owned indirectly by Steven D. Hovde as a Member of Hovde Capital Limited IV LLC, the General Partner to Financial Institution Partners IV, L.P., the direct owner. The Shares are beneficially owned indirectly by Steven D. Hovde as a Member of Hovde Capital, Ltd., the General Partner to Financial Institution Partners III, L.P., the direct owner. The Shares are beneficially owned indirectly by Steven D. Hovde as a Member of Hovde Capital IV, LLC, the General Partner to Financial Institution Partners, L.P., the direct owner. The Shares are beneficially owned indirectly by Steven D. Hovde as a Member to Hovde Capital Offshore LLC, the Management Company to Financial Institution Partners, Ltd., the direct owner. The Shares are beneficially owned indirectly by Steven D. Hovde as a Member of Hovde Acquisition II, L.L.C., the direct owner. The Shares are beneficially owned indirectly by Steven D. Hovde as a Trustee to The Hovde Financial, Inc. Profit Sharing Plan and Trust, the direct owner. The Shares are beneficially owned indirectly by Steven D. Hovde as a Trustee to The Eric D. Hovde and Steven D. Hovde Foundation, the direct owner. THE 906,121 SHARES REPORTED HEREIN AS BEING BENEFICIALLY OWNED BY STEVEN D. HOVDE WERE ALSO REPORTED AS BEING BENEFICIALLY OWNED BY ERIC D. HOVDE IN A FORM 4 FILED BY ERIC D. HOVDE WITH THE SECURITIES AND EXCHANGE COMMISSION ON MAY 16, 2005. STEVEN D. HOVDE 2005-05-20