$re = '/host\=\s*(?<campus_site_code>\w\d{3,5})(?<function>\w\w)/m';
$str = '1.) host=L004PS4bldDC7, the campus site code is “L004” and the function code is “PS”
2.) host= L0005DB5bldPS, the campus site code is “L0005” and the function code is “DB”
3.) host=L00006DC6rDB1, the campus site code is “L00006” and the function code is “DC”';
preg_match_all($re, $str, $matches, PREG_SET_ORDER, 0);
// Print the entire match result
var_dump($matches);
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for PHP, please visit: http://php.net/manual/en/ref.pcre.php