Total Calories: 76
1. In heavy 3-quart saucepan, over low heat, melt together caramels and water, stirring constantly, until smooth. Remove from heat and stir in margarine. Add KELLOGG'S RICE KRISPIES cereal, mixing until cereal is coated.
2. Press hot mixture evenly and firmly into 9 x 9 x 2-inch pan coated with cooking spray. Let stand until cool and firm. Store in airtight container.
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