1/4 c. butter
1 (10 oz.) pkg. marshmallows
1 c. peanuts
1/2 c. peanut butter
5 c. crisp rice cereal
1 (6 oz.) pkg. butterscotch pieces
1 (6 oz.) pkg. semi-sweet chocolate pieces

Microwave butter in large mixing bowl on high for 45 seconds or until melted. Add marshmallows. Toss to coat. Microwave 1 1/2 minutes or until smooth when stirred, stirring after 45 seconds. Blend in peanut butter. Immediately add cereal and peanuts, toss until well coated. Press into greased 13"x9" pan. Microwave butterscotch and chocolate pieces in small bowl on high 1 to 1 1/2 minutes or until smooth when stirred, stirring every 30 seconds. Pour over cereal, spread to cover. Chill. Cut into squares.