Purpose : The purpose of this study is to investigate the effects of falls prevention exercise program(center of gravity control training, multiple sensory training, strategic posture training, ambulation training, muscle strengthening training) to balance and muscular strength in the elderly females. Methods : A total of 30 elderly womens participated in this study. All subjects have participated in exercise program on three times a week for eight weeks. Before and after of exercise program, They have measured about Berg Balance Scale (BBS), Performance Oriented Mobility Assessment (POMA), Time Up & Go (TUG), Sit to stand, Fall Efficacy Scale (FES), Quality of Life (QOL). Results : The results of this study were as follows ; 1) There were statistically significant difference in the BBS, POMA, FES, QOL test on within-subject. 2) There were not significant difference in the TUG, Sit to stand test on within-subject. 3) The BBS was correlated with POMA and QOL. The POMA was also correlated with QOL. Conclusion : The result of this study shows that falls prevention exercise program was meaningful increasing of balance ability and quality of life on elderly women