thestevew,
Thanks, I was able to get this to work (see my final code below). My question is, what does the $ sign on the end of the string mean?? Does it mean end of line??

[diimps1@aixudbtest1 /db2udb/diimps1]$ export dbalias=DBIHP

[diimps1@aixudbtest1 /db2udb/diimps1]$ db2 list db directory|grep -p "Database alias = "$dbalias$
Database alias = DBIHP
Database name = DBIHP
Local database directory = /db2udb/diimps1/dbihp/dbpath
Database release level = a.00
Comment =
Directory entry type = Indirect
Catalog database partition number = 0
Alternate server hostname =
Alternate server port number =