Abstract: An exercise apparatus for performing squats is disclosed and includes in the preferred embodiment a frame, a base platform, a yoke assembly, a pair of weight carriages and a pair of universal joints. A pair of elongated handrails are attached to the frame. A pair of adjustable yoke catch/supports are operatively associated with the frame. A pair of vertical rods are disposed at each side of the frame for guiding the travel of the weight carriages when in use. The yoke assembly includes a padded neck and shoulder portion, with the shoulder pads being contoured. The weight carriages provide support for the weight plates. The location of the weight supports allow the weight plates to be disposed approximate to the height of the user's waist and closer to the user's center of gravity. A first universal joint connects the first weight carriage to the yoke assembly and a second universal joint connects the second carriage member to the yoke assembly.