$re = '@(?<=<p>).*?(?=<\/p>)@';
$str = '<p>Hello !</p> <p>I wont select tags! Only text with in</p>
<p>Hello !</p> <p>I wont select tags! Only text with in</p>
<p>Hello !</p> <p>I wont select tags! Only text with in</p>
<p>Hello !</p> <p>I wont select tags! Only text with in</p>';
$subst = "replace me";
$result = preg_replace($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