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But the evidence on the subject requires us to place the Exokionion on the Seventh Hill, and to restrict the name to that locality.

For in the account of the triumphal entry of Basil I. through the Golden Gate of the Theodosian Walls, the Exokionion is placed between the Sigma and the Xerolophos.^[56] The Sigma appears in the history of the sedition which overthrew Michael V., (1042), and is described as situated above the Monastery of St. Mary Peribleptos.^[57] Now, regarding the position of that monastery there is no doubt. The establishment, founded by Romanus Argyrus, was one of the most important monastic houses in Constantinople. Its church survived the Turkish Conquest, and remained in the hands of the Greeks until 1643, when Sultan Ibrahim granted it to the Armenian community.^[58] Since that time the sacred edifice has twice been destroyed by fire, and is now rebuilt under the title of St. George. It is popularly known as Soulou Monastir (the Water Monastery), after its adjoining ancient cistern, and stands in the quarter of Psamathia, low down the southern slope of the Seventh Hill.