Caramel Crispies - cooking recipe

Ingredients

1 (14 oz.) pkg. caramels
2 Tbsp. water
1 c. dry roasted peanuts
1/4 c. butter/margarine
3 c. rice crispy cereal

Preparation

Unwrap caramels and place in 2-quart bowl.
Add butter and water.
Place in microwave oven.
Cook caramel mixture at High 4 minutes, stirring well every few minutes.
Stir in cereal and peanuts.
Press evenly into buttered 8 x 8 x 2-inch baking dish. Makes 36 squares.