Maintaining optimal body condition is an important concern for horse owners and managers as it can affect reproductive efficiency, athletic ability, and overall health of the horse; however, information regarding dietary requirements to maintain or alter BCS in the horse is limited. A recently developed model had high accuracy in predicting the energy required to alter BCS in the horse. However, the model was restricted to sedentary mares, while many horses are subject to physical work. The objective of this study was to expand the scope of that model to include exercising horses by incorporating previously published estimates of exercise energy expenditure and then testing the expanded model. Stock type horses (n = 24) were grouped by initial BCS (3.0 to 6.5) and assigned to treatments of light (L), heavy (H), or no-exercise control (C). Horses were fed according to the model recommendations to increase (I) or decrease (D) two BCS within 60 d. Thus, six treatments were obtained: