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Peanut Butter Chip Triangles

1 1/2 cups all-purpose flour
1/2 cup packed light brown sugar
1/2 cup cold butter or margarine
1 2/3 cups (10-ounce package) REESE'S Peanut Butter Chips, divided use
1 (14-ounce) can sweetened condensed milk (not evaporated milk)
1 large egg, slightly beaten
1 teaspoon vanilla extract
3/4 cup chopped walnuts
Powdered sugar (optional)

1. Heat oven to 350°F.
2. Stir together flour and brown sugar in medium bowl; cut in cold butter until mixture is crumbly. Stir in 1/2 cup peanut butter chips; press mixture on bottom of 13 x 9 x 2-inch baking pan.
3. Bake 15 minutes.
4. Meanwhile, in large bowl, combine sweetened condensed milk, egg and vanilla; stir in remaining chips and walnuts. Spread evenly over baked crust.
5. Bake 25 minutes or until golden brown. Cool completely in pan on wire rack.
6. Cut into 2 to 2 1/2-inch squares; cut squares diagonally to form triangles. Sift powdered sugar over top, if desired.

Makes 24 to 48 triangles.

Recipe and photograph provided courtesy of The Hershey Company, Copyright ©1995-2005.