Background: Pulmonary hypertension (PH) is commonly associated with heart failure with preserved ejection fraction (HFpEF). In HFpEF, the elevated left sided filling pressures results in isolated post-capillary PH (Ipc-PH) or combined pre- and post-capillary PH (Cpc-PH). Although right heart catheterization (RHC) is the gold standard for diagnosis, it is an invasive test with associated risks. Echocardiogram on the other hand does not help distinguish between Ipc-PH and Cpc-PH. The ability of sub-maximum cardiopulmonary exercise test (CPET) as an adjunct diagnostic tool in PH associated HFpEF is not known. Methods: 46 patients with HFpEF and PH (27 patients with Cpc-PH and 19 patients with Ipc-PH) underwent sub-maximum CPET followed by RHC. The study also included 18 age and gender matched control subjects. Several sub-maximum gas exchange parameters were examined to determine the ability of sub-maximum CPET to distinguish between Ipc-PH and Cpc-PH. Results: Echocardiogram did not distinguish between Ipc-PH and Cpc-PH. Compared to Ipc-PH, Cpc-PH had greater ventilatory equivalent for carbon dioxide (VE/VCO2) slope, reduced delta end-tidal CO2 change during exercise, reduced oxygen uptake efficiency slope (OUES), and reduced gas exchange determined pulmonary vascular capacitance (GXCAP). The latter was significantly associated with RHC determined pulmonary artery compliance (r=0.5; p=0.0004). Conclusion: Sub-maximum gas exchange parameters obtained during CPET in an ambulatory setting allows for discrimination between Ipc-PH and Cpc-PH. Sub-maximum CPET may be a useful end-point measure in HFpEF population.