A hydraulic exercise device including an elongated base having first and second ends and a standard projecting upwardly from the first end of the base having a first end of a horizontal bench pivotally supported therefrom for oscillation about a horizontal transverse axis. The second end of the bench is disposed over the second end of the base and supported therefrom by generally vertical legs including upper and lower portions pivotally anchored to the bench and base, respectively. A lever has one thereof pivotally supported from the standard above the first end of the bench and the second end of the lever projects toward the second end of the base. A double acting hydraulic cylinder has one end connected to the second end of the lever and the other end connected to the standard at a point spaced vertically therealong from the first end of the lever. The upper end of the standard includes a hydraulic oil tank and the opposite ends of the cylinder include inlet and outlet fittings communicated with corresponding inlet and outlet fittings of the tank having adjustable flow control valves operatively associated therewith.