1/2 c. butter
1/2 c. peanut butter
1 (6 oz.) pkg. chocolate chips
1 (14 oz.) box Crispex cereal
1 1/2 c. powdered sugar

Melt butter, peanut butter and chocolate chips together. Pour over cereal. Coat cereal. Cool on jelly roll pan or cookie sheet until chocolate sets. Shake in paper bag with powdered sugar.