Melt butter & peanut butter chips in microwave on high for one minute.
Add condensed milk. MW for another 30 seconds. Mix until all the chips are melted.
Add the marshmallows.
Put 1/2 the peanuts on bottom of a 9x13 inch pan. (I sprayed the pan lightly with Pam). Put the mixture over the peanuts. Put the rest of the peanuts on top, & press down.
Cool until set.
Recipe submitted by ~Candy 2~ on 12/10/99