This paper proposed a regularized iterative image restoration by using method of conjugate gradient. Compared with conventional iterative methods, method of conjugate gradient has a merit to converte toward a solution as a super-linear convergence speed. But because of those properties, there are several artifacts like ringing effects and the partial magnification of the noise in the course of restoring the images that are degraded by a defocusing blur and additive noise. So, we proposed the regularized method of conjugate gradient applying constraints. By applying the projectiong constraint and regularization parameter into that method, it is possible to suppress the magnification of the additive noise. As a experimental results, we showed the superior convergence ratio of the proposed mehtod compared with conventional iterative regularized methods.