Tuesday December 21, 8:58 am Eastern Time

                    ePlus Increases Bank Line to $65 Million
            Capacity increased in anticipation of ePlusSuite rollout

HERNDON,  Va.--(BUSINESS  WIRE)--Dec.  21, 1999-- ePlus inc. (NASD: PLUS - news)
today  announced  that it has  increased  its line of credit  with  First  Union
National  Bank to $65 million  from $51.5  million.  The  increase in  financing
capacity  is  as a  result  of  better  than  expected  customer  acceptance  of
ePlusSuite by such customers as MicroStrategy, Proxicom, and webMethods, and the
anticipated  national  marketing rollout of ePlusSuite the last week of January,
2000. The company  announced that National City Bank, a wholly owned  subsidiary
of National  City  Corporation  (NYSE:  NCC - news),  an $88  billion  financial
services corporation headquarter in Cleveland,  Ohio, has joined the facility as
a $15 million participant.  Michael Labrum, vice president of National City Bank
said "We have know the principals of ePlus for several  years.  The company has
always  had a  very  strong  management  team,  maintained  a  very  strong  and
conservative  balance sheet, and delivered superior  financial results.  We have
analyzed the company's  e-business  strategy,  and we are very excited about the
opportunity to become a strategic  partner with a company on the leading edge of
e-business solutions."

About ePlus

ePlus inc. is a leading supply chain and asset management  e-business  solutions
provider  with  revenues of $194  Million  for its fiscal year ending  March 31,
1999. Its remotely  hosted  application  covers the customer's  total  ownership
experience,  beginning  with the  end-user  order and ending with the  equipment
disposal  transaction.  ePlusSuite consists of Procure+,  Manage+,  Finance+ and
Service+,  and provides  workflow  management,  procurement,  order tracking and
verification,  asset  depository,  tracking  and  reporting,  financing,  sales,
property  and use tax  compliance  and  payment,  software  license  compliance,
technology  rollout  and  upgrades,  technical  and  maintenance  services,  and
equipment disposal.  The company, which was founded in 1991, is headquartered in
Herndon, Virginia and has 17 offices in the United States.

ePlus is a  trademark  applied  for of ePlus  inc.,  and  ePlusSuite,  Procure+,
Manage+, Finance+ and Service+ are service marks applied for of ePlus inc.

"Safe Harbor"  Statement under the Private  Securities  Litigation Reform Act of
1995:  The statements  contained in this release which are not historical  facts
may be deemed to contain forward-looking statements. Actual results may vary due
to the following risks and uncertainties,  including, without limitation, demand
and  competition for the Company's lease financing and equipment sales and asset
management  services,  and the products to be leased or sold by the Company, the
continued availability to the Company of adequate financing,  the ability of the
Company  to  recover  its  investment  in  equipment  through  remarketing,  the
successful   execution  of  its   e-commerce   strategy,   and  other  risks  or
uncertainties  detailed in the  Company's  Securities  and  Exchange  Commission
filings.  Investors  are  cautioned  that current  financial  results may not be
indicative of future results.