function hmac ($key, $data)
{
    // RFC 2104 HMAC implementation for php.
    // Creates an md5 HMAC.
    // Eliminates the need to install mhash to compute a HMAC
    // Hacked by Lance Rushing

    $b = 64; // byte length for md5
    if (strlen($key) > $b) {
        $key = pack("H*",md5($key));
    }
    $key  = str_pad($key, $b, chr(0x00));
    $ipad = str_pad('', $b, chr(0x36));
    $opad = str_pad('', $b, chr(0x5c));
    $k_ipad = $key ^ $ipad ;
    $k_opad = $key ^ $opad;

    return md5($k_opad  . pack("H*",md5($k_ipad . $data)));
}

http://www.php.net/manual/en/function.mhash.php

md5 hash_hmac for php4

php

PHP