A degree of plasticity is often tolerated at stress raising features in sev
erely loaded, nominally elastic, components. Conventionally, the methods av
ailable for analysis are the finite element method (FEM) or an approximate
notch root plastic strain method. The method introduced here is based on th
e idea of distributing dislocations to form a perturbation on an elasticity
solution to solve the problem for an elastic-perfectly plastic material in
transverse plane strain. Specialized kernels are used to satisfy exactly t
he far field boundary conditions and those at the stress raiser, so that on
ly the small plastic enclave of material need be discretized. The method is
seen to follow the incremental nature of the problem and to take into acco
unt the stress redistribution in plasticity. The problem of a circular hole
under remote tension is solved and good agreement with an FEM analysis of
a similar problem is observed.