A platform exercise apparatus includes a planar platform adapted for use on a floor and elevated therefrom with an elevating portion. A plurality of holes extend through the planar platform and define attachment bars therebetween. Elastic bands are provided having attachment hooks on one end thereof and a handle on the other end thereof. The elastic bands are selectively detachably attachable to the attachment bars with the hooks. The apparatus is used for exercise by standing thereon, grasping one or more of the handles and stretching the elastic bands. The apparatus is produced by injection molding the planar platform together with the elevating portion. Alternatively, the apparatus is made from a sheet of metal having the perimeter edges thereof bent to form the elevating portion, and by cutting or stamping the holes through the platform for thereby forming the attachment bars. An exercise bench can be used with the apparatus by positioning above the planar platform for thereby retaining the apparatus.