PREHEAT oven to 425°F. Mix cornmeal, flour, baking powder and salt in large bowl; stir in 1 cup of the cheese. Beat egg lightly in medium bowl with wire whisk. Add milk and butter; beat until well blended. Add to cornmeal mixture; mix just until moistened.
POUR into greased 9-inch round cake pan. Sprinkle with remaining cheese; top with pepper rings.
BAKE 20 to 25 min. or until golden brown.