1 (10 ounce) package frozen peaches
1 (6 ounce) can frozen lemonade concentrate, thawed and undiluted
1 cup water
3/4 cup rum
Combine all ingredients in a blender container; process until smooth.
Spoon into a freezer container, and freeze.
Let stand at room temperature 15 minutes or until slushy before serving.
Makes 1 quart.