You can use RegEx in Word, but only via a macro that calls a RegEx library. Word's wildcard options are akin to a sub-set of RegEx but even that sub-set doesn't have a 1:1 correspondence with RegEx.
As for what you're trying to do, you could use a wildcard Find/Replace, where:
Find = (HYPERLINK *\\l )*([!/]@")
Replace = \1^34NewFolder/\2
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Cheers,
Paul Edstein
[Fmr MS MVP - Word]
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