Coat the bottom of non-stick skillet with butter over medium heat.
Place an egg ring or a pastry ring in the pan.
Separate the egg white from yolk, dropping only the white inside the ring. Reserve the yolk in the shell.
Cover the egg white, covered, for 2 minutes until the white sets.
Add egg yolk on top of the white and cook, covered, for 2 more minutes.
Separate the ring from the egg.
Place egg over a piece of buttered toast.
Salt and pepper to taste.