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In large microwave safe bowl, mix corn syrup, brown sugar and sugar and stir well.
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Microwave on HIGH for 4-7 minutes until bubbling, stirring twice during cycle.
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Remove from microwave and add peanut butter.
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Stir until the peanut butter melts and mixture is smooth.
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Add cereal and stir gently but until cereal is thoroughly coated.
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Spoon mixture into greased 13x9" pan.
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Using back of a spatula, press the mixture evenly into the pan.
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Let cool and cut into bars.