1 env. active dry yeast
1 3/4 c. sifted flour
1/2 c. milk
4 tbsp. butter
3 tbsp. sugar
1/2 tsp. salt
1 egg
1/2 c. semi-sweet chocolate pieces

In large mixer bowl, combine yeast and 1 1/4 cups of the flour. Heat together the milk, butter, sugar and salt just until warm, stirring occasionally to melt butter. Add to dry ingredients in bowl; add egg. Beat 3 minutes at high speed. By hand stir in remaining flour. Add chocolate pieces and mix well.

Turn into well greased 4 1/2 cup ring Bundt pan. Cover; let rise in warm place until double (45 minutes to 1 hour). Bake in hot oven (400 degrees) for 12-15 minutes. Remove from pan immediately; drizzle with confectioners' sugar icing while still warm. Serve warm or cold.