This article addresses the robust exponential stabilization problem of underactuated mechanical systems in the presence of bounded external disturbances using sliding mode control. Based on the Lyapunov method, a sufficient condition for the existence of the smallest possible ball which bounds the reduced-order sliding mode dynamics, is first derived in terms of linear matrix inequality (LMI). A sliding mode controller is then synthesized to guarantee that system state trajectories are exponentially convergent to another ball with a prespecified onvergence rate.