$re = '/Jessip Daggerheart is attempting to sneak up on (?<Player>\w+)/m';
$str = '\\#FFFF00Jessip Daggerheart is attempting to sneak up on Aditu, but they haven\'t noticed... You should warn them!
';
$subst = "warn ${Player}";
$result = preg_replace($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