1 c. chunky peanut butter
2 tbsp. butter
1 1/4 c. sifted confectioners' sugar
3 c. crisp rice cereal
Chopped peanuts

Blend peanut butter, butter and sugar. Add cereal, crushing slightly. Shape into 3 logs 7 x 1 1/2 inches. Pat peanuts over logs. Wrap in foil or plastic. Chill. Slice to serve. Makes about 1 pound.