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Perpendicular exchange bias has been manipulated by changing ferromagnetic film thickness and spacer layer in Pt/Co/(Pt, Cr)/CoO thin films. The exchange bias characteristics, blocking temperature, magnetization of thin films strongly depend on the spacer layer (Pt, Cr) between ferromagnetic and antiferromagnetic layers. While Pt/Co/Pt/CoO thin films show perpendicular exchange bias, Pt/Co/Cr/CoO has easy magnetization axis in the film plane. We have also observed very small hysteretic behavior from the hard axis magnetization curve of Pt/Co/Cr/CoO film. This can be attributed to misalignment of the sample or small perpendicular contribution from Pt/Co bottom interface. We have also investigated the temperature and spacer layer dependent exchange bias properties of the samples by VSM magnetometry. We observed higher HEB and HC for the thicker Co layer in the Pt/Co/Pt/CoO sample. In addition, onset of exchange bias effect starts at much lower temperatures for Pt/Co/Cr/CoO thin film. This clearly shows that Cr spacer layer not only removes the perpendicular exchange bias, but also reduces the exchange interaction between Co and CoO and thus lowers the blocking temperature., Comment: 8 pages, 4 figures