Index: wp-admin/options-media.php
===================================================================
--- wp-admin/options-media.php	(revision 35466)
+++ wp-admin/options-media.php	(working copy)
@@ -105,7 +105,13 @@
 <tr>
 <th scope="row"><label for="upload_path"><?php _e('Store uploads in this folder'); ?></label></th>
 <td><input name="upload_path" type="text" id="upload_path" value="<?php echo esc_attr(get_option('upload_path')); ?>" class="regular-text code" />
-<p class="description"><?php _e('Default is <code>wp-content/uploads</code>'); ?></p>
+<p class="description"><?php
+	printf(
+		/* translators: %s: wp-content/uploads */
+		__( 'Default is %s' ),
+		'<code>wp-content/uploads</code>'
+	);
+?></p>
 </td>
 </tr>