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POUR milk into medium bowl. Add dry pudding mix. Beat with wire whisk 2 min. or until well blended. Stir in 1 cup of the whipped topping.
SPOON evenly into five dessert dishes; cover.
REFRIGERATE at least 1 hour. Top each with about 1 Tbsp. of the remaining 1/3 cup whipped topping just before serving. Store leftovers in refrigerator.