$re = '/{(?:[A-Za-z_][A-Za-z_0-9]*|[+\-*/%<=>&|()0-9. ])*}/';
$str = '// \\%def{ Value3 , name.len + (i * Person.age) + ( }
// %if{ (name.len == 20) && (value == 20) }';
$subst = "hello";
$result = preg_replace($re, $subst, $str);
echo "The result of the substitution is ".$result;
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