note 18868 added to function.ereg-replace

I am lost as to how i can replace text in a string such as {text} with an include. I have tried to fread a file into a variable and relplace it with that but inside the file i wish to include there is php i wish to execute. Any suggestions ? -- http://www.php.net/manual/en/function.ereg-replace.php http://master.php.net/manage/user-notes.php?action=edit+18868 http://master.php.net/manage/user-notes.php?action=delete+18868 http://master.php.net/manage/user-notes.php?action=reject+18868