An exerciser of the type having a cable whose one end is attached to a stack of weights and which passes over a pulley to where its other end is attached to the rim of a wheel fixed to a lever which the user turns to lift the weights and a bench comprising two hinged sections, one of which is removable and wherein the bench sections can be positioned horizontally and can be inclined to one another so as to provide the most advantageous configuration for performing any one of a large number of exercises.