That was fast – the first exams in the LPI certification in Ubuntu will be on May 16th-19th
The story is at Tectonic
The exam augments existing LPI exams, with Alan McKinnon from Linux Holdings, who helped craft the examination paper, recommending that budding Ubuntu administrators write it after the LPI 101 and 102 exams. While you're not required to write the 101 and 102 first, he says, “it doesn't make sense without them.”
No study material is available as yet, but McKinnon hopes that the stability of Dapper Drake will result in more documentation for Linux' most popular desktop operating system. In lieu of documentation, McKinnon recommends being able to pass the 101 and 102 exams, studying up on Gnome, and reading every document you can find on Linux. He hints that knowledge of Ubuntu in a heterogeneous environment would be of benefit to the student.