A multipurpose exercise stool for enabling aerobic and anaerobic exercise for a user seated thereon comprises a base member for providing a lower level having four wheels, a main body disposed over the base and a cushion member disposed over the main body. These parts are connected through a vertical swivel pole which is connected to the bottom of the cushion member, passes through the main body, and connects to the top of the base member. An internal base axle passes through the main body horizontally. A rod assembly may be attached to the base axle on either end as it exits the main body and two pedal assemblies can be attached to the base axle on the inside of the main body at one end and extend from the main body at the other end.