1 (15 oz.) pkg. milk chocolate chips
1 stick butter
1 c. peanut butter
1 (12 oz.) box Crispix cereal
4 c. powdered sugar

Melt chocolate chips, butter and peanut butter until smooth. Pour cereal in large bowl. Pour melted mixture over and coat cereal. Put powdered sugar in large paper bag. Dump cereal in and shake, shake, shake.