Using the D = 2 (1/k, 1/k) superalgebra (i.e. the two-dimensional gene
ralized supersymmetry generated by spin s = 1/k and -1/k; k = 2,3,4,..
., charge operators Q and (Q) over bar satisfying among other conditio
ns Q(k) = P and <(Q)over bar (k)> = (P) over bar where P and (P) over
bar are the light components of the energy-momentum operator), we buil
d a superspace representation of this exotic symmetry. This realizatio
n generalizing the usual D = 2 (1/2, 1/2) supersymmetric one is based
on the use of parafermionic variables theta and <(theta)over bar> of s
pin s = -1/k and 1/k obeying theta(k) = <(theta)over bar (k)> = 0 as w
ell as generalized commutation relation rules. Two-dimensional (1/3, 0
) and (1/3, 1/3) invariant scalar superfield models extending the well
-known D = 2 (1/2,0) and (1/2, 1/2) supersymmetric models are given. T
he link between this exotic symmetry and the periodic representation o
f U-q(sl(2)) with q(k) = 1 is worked out. Other features are also disc
ussed.