Muddy Buddies

9 c. Chex cereal (your favorite)
1 c. semi-sweet chocolate pieces
1/2 c. peanut butter
1/4 c. butter
1 tsp. vanilla
1 1/2 c. powdered sugar

Mix cereals in large bowl, set aside. Combine chocolate, butter and peanut butter and microwave on high for one minute at a time until melted. Stir in vanilla. Pour chocolate mix. over cereal, stirring to coat evenly. Pour coated cereal into large resealable bag and add powdered sugar. Shake until evenly coated. Spread on wax paper to cool. Makes 9 cups.