That's what I thought.
Yes they will; when the switch is 'off' and the fan is running on timer, the neon will be 'off' - not lit.
I must be going mad here. I know it will be obvious because of the neon being off. That is why I asked that question in post 1 as to whether the neon only require a neutral or whether it wouldn't work if the load wasn't switched with neutral as well ie. will it work with a single neutral wire fitted to the switch and not fitted to load too