1 1/4 c. butter
1/2 c. unsweetened cocoa
1 c. water
2 c. unsifted flour
1 1/2 c. firmly packed brown sugar
1 tsp. baking soda
1 tsp. ground cinnamon
1/2 tsp. salt
1 (14 oz.) can Eagle Brand sweetened condensed milk (not evaporated)
2 eggs
1 tsp. vanilla
1 c. confectioners' sugar
1 c. chopped nuts

Preheat oven to 350 degrees. In small saucepan, melt 1 cup butter, stir in 1/4 cup cocoa, then water. Bring to a boil. Remove from heat.

In large mixer bowl, combine flour, brown sugar, baking soda, cinnamon, and salt. Add cocoa mixture, beat well. Stir in 1/3 cup Eagle Brand, eggs and vanilla. Pour into greased 15x10 inch jelly roll pan. Bake 15 minutes or until cake springs back.

In small saucepan, melt remaining 1/4 cup butter, stir in remaining 1/4 cup cocoa and Eagle Brand. Stir in sugar and nuts and spread.