It won't let you do that in a math region, but it will in a text region, so I assume that's by design. However, type variable2 somewhere in the worksheet and search for 2. You will notice that all of "variable2" is highlighted, not just the 2 at the end. Sure enough, if you type 3 in the replace box and do the replace, you get "3", rather than "variable3". That is certainly a bug.
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