1/2 c Peanut butter
1/2 c Butter or margarine
6 oz Chocolate chips
10 c Corn Chex cereal
2 c Powdered sugar
Melt peanut butter, butter or margarine, and chocolate chips in a saucepan over medium heat. Pour over Corn Chex, being sure that all cereal is coated. Put 2 cups powdered sugar in a large paper bag. Put cereal in bag and shake gently until all cereal is coated. Pour out on wax paper to cool.