MIX flour, cereal and baking powder in medium bowl; set aside.
BEAT egg, milk and margarine in wire whisk until well blended. Add to dry ingredients; mix just until blended. Let stand 5 min.; stir in blueberries.
LADLE scant 1/4 cup batter onto hot griddle or into hot skillet sprayed with cooking spray for each pancake. Cook until bubbles form on tops, then turn over to brown other sides.