Microwave Caramel Crispies - cooking recipe

Ingredients

1 (14 oz.) pkg. caramels
1/2 c. butter or margarine
2 Tbsp. water
3 c. crisp rice cereal
1 c. peanuts

Preparation

Unwrap caramels.
Place in a 2-quart microwave-safe bowl.
Add margarine and water.
Place in microwave oven.
Cook for 4 minutes at High temperature, stirring well after each minute.
Stir in cereal and nuts.
Press evenly into buttered 8 x 8 x 2-inch dish. Cool; cut into squares to serve.