The aim of this pilot study was to examine the effect of an exercise and token economy system program on improving quality of life of patients with schizophrenia. Thirty (30) patients with schizophrenia separated in three groups (control group, an exercise observation with tokens group and an actual exercise with tokens group) of 10 individuals, took part in an eight weeks exercise program combining physical activity with token economy behavioral treatment. Data included the use of SF-36 Quality of Life Questionnaire (QLQ). Experiment group B participants as compared to those of the experiment group A and control group individuals found at the end of the exercise program as experiencing less problems with daily activities and felling more energetic and vigorous leading to an improved mental component score. Overall, findings are encouraging concerning the effect of a combined exercise and token economy program on improving quality of life of patients with schizophrenia.