Are you talking about a photo album or a music album?
If it's a photo album, there's no way to do this directly on the iPad. You need to create the album on your PC or Mac and then sync the iPad with the PC/Mac. The album and its contents will be transferred.
Hi,
I have updated to IOS 5. Since then I am facing many issues, main one is that I do not understand how many mails accounts am I suppose to hold? Other than my regular accounts, I have hold account @me.com and one in ICloud. This has created a lot of confusion, I am notable to buy applications... I am tired.. Please help.