Special K Bars

6 cups Special K cereal
2 teaspoons vanilla
1 cup butterscotch chips
1 cup light corn syrup
1 cup peanut butter
1 cup granulated sugar
1 cup chocolate chips

Cook suger and syrup until it boils. Remove from heat and stir in peanut butter and vanilla. Pour of cereal and mix well. Press into 9x13 inch buttered pan. Melt chips in microwave until smooth. Frost bars. Let cool one hour, then pre-cut bars.