Chex Muddy Buddies

9 cups Rice Chex cereal
1 cup semisweet chocolate chips
1/2 cup peanut butter
1/4 cup butter or margarine
1teaspoon vanilla
1 1/2 cups powdered sugar

Heat chocolate chips, peanut butter and butter over
low heat, stirring frequently, until melted. Remove from
heat; stir in vanilla. Pour chocolate mixture over Rice
Chex. Make sure all cereal gets coated. Put powdered
sugar in a large paper bag (or Ziploc bag). Add the
cereal and shake until all the cereal is coated.
Pour in a bowl and enjoy!