It means feeling a lot of joy. jump with joy, feel great excitement. Feel euphoria, rejoicing, joy, joy.
EXULTATION: EXPRESS MUCH HAPPINESS. JOY. ENJOYMENT. COMPLACENCY. PLEASURE. HAPPINESS.
From Latin exultare; former outside and saltus: jump )Jump for joy transported with joy. Great dictionary illustrated Enciclopedico selections READERS DIGEST volume 5 PAG. 1422