We study realizations of the exceptional non-linear (quadratically generated, or Wtype) N = 8 and N = 7 superconformal algebras with Spin(7) and G 2 affine symmetry currents, respectively. Both the N = 8 and N = 7 algebras admit unitary highestweight representations in terms of a single boson and free fermions in 8 of Spin(7) and 7 of G 2 , with the central charges c 8 = 26/5 and c 7 = 5, respectively. Furthermore, we show that the general coset Ansätze for the N = 8 and N = 7 algebras naturally lead to the coset spaces SO(8) × U(1)/SO(7) and SO(7) × U(1)/G 2 , respectively, as the additional consistent solutions for certain values of the central charge. The coset space SO(8)/SO (7) is the seven-sphere S 7 , whereas the space SO(7)/G 2 represents the sevensphere with torsion, S 7 T . The division algebra of octonions and the associated triality properties of SO(8) play an essential role in all these realizations. We also comment on some possible applications of our results to string theory.