Heat oven to 325 degrees.
Spray a large roaster with cooking spray.
Add cereal, pretzels and almonds to roaster. Stir.Mix vanilla into condensed milk.
Pour mixture over cereal and stir completely.
Bake 12 minutes.
Spread onto waxed paper (or parchment) to cool (about 15 minutes).
Break into pieces.Store in airtight container.Or if you are like us, put in a large glass bowl and serve.