Instructions

  1. Batter:
  2. Put margarine (or butter), water and cocoa in a large pan and bring to a boil.
  3. Remove from heat and add the rest of the batter ingredients.
  4. Mix with electric mixer until smooth.
  5. Pour into an 11 x 16 x 1.5-inch jelly roll pan.
  6. Bake at 350° for 20 minutes.
  7. Frosting:
  8. Bring margarine (or butter), cocoa, and milk to a boil.
  9. Remove from heat and stir in confectioners' sugar and nuts.
  10. Add vanilla.
  11. Pour on cake as soon as it comes out of the oven.