Combine cereal, raisins and apricots in large bowl; set aside.
Combine marshmallows, chocolate chips and milk in 2-quart saucepan. Place over low heat and cook, stirring, about 10 minutes or until melted. Pour over cereal mixture; mix well.
Coat 12x8x2-inch baking pan with cooking spray; spread mixture evenly into pan. Press down firmly using fingers coated with cooking spray. Cover and chill until firm. Cut into 1-inch squares.