I think I have an idea of what may be happening here: you appear to have the OOBM port enabled, and the OOBM port and management VLAN functions are mutually exclusive — a management VLAN cannot be set with the OOBM port enabled, and vice versa. Try disabling the OOBM port first, then enabling the management VLAN (you will need to do this in the CLI via the serial console or from a workstation that is already on the management VLAN subnet, if you're currently using the OOBM port to connect to the web GUI).
In the CLI, use the following commands:
switch(config)# oobm disable
switch(config)# management-vlan xx
I'll ping the engineering team about that error message and find out if they can get it clarified in a future maintenance release.