1/4 cup butter or margarine
3 cups miniature marshmallows
1/2 cup peanut butter
4 cups Cheerios cereal
1 cup salted peanuts

Butter baking pan, 9x9x2". In large saucepan, melt butter, marshmallows and peanut butter over low heat, stirring until smooth. Remove from heat; mix in cereal and peanuts until thoroughly coated.

Pat mixture into pan with buttered back of spoon. Chill until set, about 1 hour. Cut into 2 1/4" squares.

16 squares