1 c. sugar
1 c. white Karo syrup
1 3/4 c. smooth peanut butter
6 1/2 c. Special K cereal
6 oz. semi-sweet chocolate morsels
6 oz. butterscotch morsels

Bring sugar and syrup to a boil. Remove from heat and stir in peanut butter. Pour over cereal. Press into 9 x 13-inch pan. Melt chips together and spread over cereal mixture. Put in refrigerator to cool. Cut into squares.