Prep: 5 minutes; Cook: 15 minutes; Stand: 5 minutes.
Melt butter in a 3 1/2-quart saucepan. Add noodles, and cook about 3 minutes or until browned, stirring occasionally. Add remaining ingredients and 2 cups boiling water. Bring to a boil, cover, and reduce heat to low. Simmer 15 minutes or until water is absorbed and rice is tender. Remove from heat, and let stand 5 minutes. Fluff rice with a fork, and stir in more salt and pepper, if desired.